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:
A unit rate is a rate where the second quantity is one unit , such as $34 per pound, 25 miles per hour, 15 Indian Rupees per Brazilian Real, etc. 1 minute=60 seconds1 hour=60 minutes (or) 3600 seconds1 day=24 hours (or) 1440 minutes.
Step-by-step explanation:
Answer:
The way I was taught to do it is to change value into a total fraction, then multiple the numerators together, multiply the denominators together, and finally reduce as far as possible.
7/9 x 5 2/5 = 7/9 x 27/5 = 189/45 = 4 9/45 = 4 1/5
1 3/4 x 4 1/6 = 7/4 x 25/6 = 175/24 = 7 7/24
