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Homework answers / question archive / 1) A stock is bought for $50 and sold for $53 1 year later, immediately after it has paid a dividend of $2

1) A stock is bought for $50 and sold for $53 1 year later, immediately after it has paid a dividend of $2

Finance

1) A stock is bought for $50 and sold for $53 1 year later, immediately after it has paid a dividend of $2. What is the capital gain rate for this transaction? 

 

2) 

A 6.5 percent coupon rate bond with semi-annual coupon payments has a face value of $1,000 and a current yield of 3.25 percent. What is the current market price?

A) $1000.00

B) $2000.00

C) $20.00

D) $10.00

E) Cannot be determined because the maturity of the bond is not known.

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3) 

If materials are added continuously throughout the production process, then the equivalent units for materials will always equal the equivalent units for the conversion costs. 

 

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