Maria owns four par value $1,000 bonds from Prince Waste Collection. The bonds pay yearly interest 7.7%, and had a market value 97.917 when she bought them. Maria also owns 126 shares of stock in Prince Waste Collection, each of which $19.33 and pays a yearly divided of 85 cents. Which aspect of Maria's investment in Prince Waste Collection offers a greater percent yield, and how much greater is it? a. the bonds have a yield 3.466 percentage points greater than that of the stocks.b.the bonds have a yield 7.863 percentage points greater than that of the stocks.c. the stocks have a yield 6.75 percentage points greater than that of the bonds.d. the stocks have a yield 9.01 percentage points greater than that of the bonds.
Question
Answer:
Answer:a. the bonds have a yield 3.466 percentage points greater than that of the stocks.Step-by-step explanation:i just took the test :)
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10 months ago
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