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)