Which one of these actions will increase the operating cycle ? Assume all else held constant .
Decreasing the receivables turnover rate .
Decreasing the payables period .
Decreasing the average inventory level .
Increasing the payables period .
Increasing the inventory turnover rate .
Oil Wells offers 6.5 percent coupon bonds with semiannual payments and a yield to maturity of 6.94 percent . The bonds mature in seven years . What is the market price per bond if the face value is $ 1,000 ?
$ 902.60
$ 996.48
$ 913.48
$ 989.70
$ 975.93
Three Corners Markets paid an annual dividend of $ 1.37 a share last month . Today , the company announced that future dividends will be increasing by 2.8 percent annually . If you require a return of 11.6 percent , how much are you willing to pay to purchase one share of this stock today ?
$ 16.67