What is the apy for account with nominal annual rate

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1. You find a stock selling for $50.24 that has a dividend yield of 2.2 percent and a P/E ratio of 21.1. What is the earnings per share (EPS) for the company? (Round your answer to 2 decimal places.)

2. What is the APY for an account with a nominal annual rate of 5% compounded quarterly?

3. Mary borrowed $1000 from her parents, agreeing to pay them back when she graduated from college in 5 years. If she payed interest compounded quarterly at 5%, how much would she owe at the end of the 5 years?

Reference no: EM132046445

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