I think it’s 25 but I’m not too sure
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Answer: B. The stocks have a yield 6.84 percentage points greater than that of the bonds.
Step-by-step explanation:
Firstly, the yield for stocks will be calculated as:
= return/ investment cost
= $3.15/$ 21.38
= 0.14733395
= 14.73%
The yield for bonds will be calculated as:
= Return/Investment cost
Return = 1,000 x 8.3% = 83
Investment cost = 1,000 x 105.166/100 = 1051.66
Yield = 83/1051.66
= 0.07892284
= 7.89%
Then, the difference between the yield will be:
= 14.73% - 7.89%
= 6.84%
Therefore, the stocks have a yield 6.84 percentage points greater than that of the bonds.
The correct statement is:
A gallon of Moo Milk costs $5.12 What is the price, in dollars, of an 8 ounce glass of Moo Milk? There are 128 ounces in 1 gallon.
Solution:
Cost of 1 gallon of Moo Milk = $ 5.12
1 gallon = 128 ounces, so we can write:
Cost of 128 ounces of Moo Milk = $ 5.12
Cost of 1 ounce of Moo Milk = $ 5.12/128 = $ 0.04
Cost of 8 ounces of Moo Milk = $ 0.04 x 8 = $ 0.32
Thus, 8 ounces of Moo Milk will cost $ 0.32
