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Mathematics, 16.12.2019 11:31 bookS4169

Sascha owns stock in lewis corp and she bought a $1,000 corporate
bond. the bond pays 6.34% annual interest.
a. how much will sascha receive in annual interest?
b. how much will sascha receive in interest if she holds the bond
for 14 years?
c. sascha's stock is worth $46 per share, and it pays a $2 annual
dividend. what is the yield?
d. which is higher, the yield on the stock or the interest rate on the
bond?
e. how much does lewis corp. pay to sascha when the bond
matures?

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Answers: 3

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