LEWIS CORP
e Prompt.
ORP
Sascha owns stock in Lewis Corp and she bought a $5,000 corpor...
Mathematics, 21.09.2020 02:01 FierceSpaceFox99
LEWIS CORP
e Prompt.
ORP
Sascha owns stock in Lewis Corp and she bought a $5,000 corporate bond. She received $52.50
in quarterly interest from the bond. Sascha also owns stock in Lewis Corp which is worth $46
per share, and it pays a $2 annual dividend.
Part A
Which is higher, the yield on the stock or the annual interest rate on the bond? Show your
work and explain how you determined your solution.
at the task is askin...
Part B
If the bond matures in seven years, how much will Lewis Corp have paid Sascha in total?
w
C
Answers: 2
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