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.
Answer:
1.C
2.A
3.D
4.C
5.B
6.A
Step-by-step explanation:
Answer:
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Step-by-step explanation:
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Answer:
96
Step-by-step explanation:
From the given information:
At 95% Confidence interval level,Level of significance 
0.05, the value of Z from the standard normal tables = 1.96
Margin of Error = 0.10
Let assume that the estimated proportion = 0.5
therefore; the sample size n can be determined by using the formula: 
n = 96.04
n 
96
