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