1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
goldenfox [79]
3 years ago
11

Suppose you invested $93 in the Ishares High Yield Fund (HYG) a month ago. It paid a

Business
1 answer:
blsea [12.9K]3 years ago
8 0

Answer:

B) 0.57%, 1.08%

Explanation:

The computations are shown below:

Dividend yield = (Annual yield) ÷ (market price) × 100

where,

Market price = $94 per share

Annual dividend = $0.53 per share

So, the dividend yield = ($0.53 per share ÷ $94 per share) × 100

= 0.57%

Capital gain yield = (Market price - purchase price) ÷ (purchase price) × 100

                            = ($94 - $93) ÷ ($93) × 100

                            = 1.08%

You might be interested in
Music Mogul has arrangements with several stores and retail chains to place their DVDs and digital music machines in prime spots
Sindrei [870]

Answer:<em> Kiosk marketing </em>

Explanation:

Kiosk marketing is referred to as a a marketing that tends to involve a buyer and a supplier. It is referred to as a type of Business to business marketing or direct marketing. This is due to the fact that kiosks are mostly or often handled by a small to a large business sector. Customer satisfaction  or attracting new customers is considered to be the main objective of most profitable business.

4 0
4 years ago
Barnett Industries, Inc., issued $600,000 of 8% bonds on January 1, 2019. The bonds pay interest semiannually on July 1 and Janu
Vera_Pavlovna [14]

Answer:

1. The selling price of the bonds is $590.976.46

2 .The journal entry for the issuance of the bonds and bond issue costs would be as follows:

                                                      Debit                          Credit

Cash                                             $538,976.26

Discount on bonds payable       $39,023.74

Unamortized bonds issue costs $22,000

                                       Bonds Payable                       $600,000

3. Assuming that Barnett uses IFRS,  the journal entry for the issuance of the bonds would be as follows:

                     Debit                      Credit              

Cash             $600,000

          Bonds Payable             $600,000

Explanation:

In order to calculate the selling price of the bonds we would have to calculate first the present value of particular and present value of interest, hence:

present value of particular=($600,000×0.414643)=$248,785.80

present value of interest=$600,000×4%13.007936=$312,190.46

Therefore, selling price of the bonds=present value of particular+present value of interest

1. Selling price of the bonds=$248,785.80+$312,190.46=$590.976.46

2. The journal entry for the issuance of the bonds and bond issue costs would be as follows:

                                                      Debit                          Credit

Cash                                             $538,976.26

Discount on bonds payable       $39,023.74

Unamortized bonds issue costs $22,000

                                       Bonds Payable                       $600,000

3. Assuming that Barnett uses IFRS,  the journal entry for the issuance of the bonds would be as follows:

                     Debit                      Credit              

Cash             $600,000

          Bonds Payable             $600,000

4 0
4 years ago
Why is the safety of principal the primary consideration in a savings plan?​
gulaghasi [49]

Answer:

In simple words, When it comes to conserving money, the most crucial factor to remember is the protection principle. When you save enough money beyond what you'll need for short-term objectives and emergencies, you'll have money to invest. Professionals advise saving one to two years' worth of account value in a contingency savings.

Thus, protecting principal is the core focus of the managers in savings plan.

3 0
3 years ago
Purchasing a car on a loan through the bank or dealership is called:
Fudgin [204]

Answer:

D If im not mistaking

Explanation:

6 0
3 years ago
Morgan and Flynn owned a partnership business that was facing financial difficulties. The debts of the business were getting out
ahrayia [7]
<span>They can file the bankruptcy code under chapter 11. 

</span>This chapter of the Bankruptcy Code generally provides for reorganization, usually involving a corporation or partnership. A chapter 11 debtor usually proposes a plan of reorganization to keep its business alive and pay creditors over time. People in business or individuals can also seek relief in chapter 11<span>.
</span>
I hope my answer has come to your help. God bless and have a nice day ahead!
8 0
4 years ago
Other questions:
  • Jahar is very friendly and loves interacting with customers. He has a lot of knowledge about loans and the risks associated with
    5·2 answers
  • Where are traditional economies usually found? . A. in small communities that welcome change . . B. in large communities that we
    8·2 answers
  • Using mathematical models and computer models to understand a chemical principle is an example of
    11·1 answer
  • Explain the following statement:“ What goes up, must come down ”
    12·1 answer
  • Edmund would like to buy stock. What should he do?
    7·2 answers
  • What is artificial selection
    15·2 answers
  • Willetta Company purchases inventory for $11,000 with terms 2/10, n/30. It then returns $2100 of the inventory purchased to the
    14·1 answer
  • The following table shows the units of steel and personal computers a worker can produce per month in Germany and South Korea. U
    14·1 answer
  • what is the term for a group of project activities that are assigned to a single organizational unit?
    6·1 answer
  • If the economy is currently producing at point c, what is the opportunity cost of moving to point b? 10 thousand wrenches
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!