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The table below shows the information related to Hummingbird company

Business Apr 02, 2022

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 

 

%.

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