Question 24.24 . ( TCO 5 ) Last year , High-Tech Electronics earned $ 1.50 per share . If the current market value for a share of stock is $ 60 , what is the firm ' s P / E ratio ? ( Points : 4 )
Question 25.25 . ( TCO 5 ) Scott Turner has a bond with 10 years to maturity , a face value of $ 1,000 , an 8 % interest rate , and a market price of $ 800 . What is the yield to maturity on this bond ? ( Points : 4 )
Question 26.26 . ( TCO 5 ) An example of a junk bond is a ( n ) ( Points : 4 )
Question 27.27 . ( TCO 5 ) What is the current yield for a $ 1,000 corporate bond that pays 9 % and has a current market value of $ 825 ? ( Points : 4 )
Question 28.28 . ( TCO 3 ) Lori Walker purchased a new car 9 months ago , and decides to take it in for servicing under the warranty . Lori is involved in which step of the purchasing process ? ( Points : 4 )
Question 29.29 . ( TCO 1 ) If Bradley Smith gives a cashier a document at a point of purchase with the expectation of obtaining a discount , he is using a ( Points : 4 )
Question 30.30 . ( TCO 3 ) A credit purchase with 24 monthly payments of $ 80 and a down payment of $ 125 would have a total cost of ( Points : 4 )