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The table below shows the information related to Hummingbird company

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The table below shows the information related to Hummingbird company.

 

Compute the Issuance of stock.

 

Beginning stockholders' equity $35200

Ending stockholders' equity 50300

Issuance of stock  

 

Net Income 13000

Dividends 3350

 

 

 

 

Last year, Kevin Smith purchased a $1000 corporate bond with an annual interest rate of 5.75%. The bond's current market price is $660.

 

 

Calculate the annual interest and the current yield. Round all answers to two decimal places.

 

 

The annual interest of the corporate bond is $ 

 

.

The current yield of the bond is 

 

%.