Quiz 3: Investments Test With Verified Correct Answers Complete Solutions.
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Course
INV.
Institution
INV.
Choose true or false.
Financial planning requires preparation.
True
False - correct answer True
Choose true or false.
A savings account is not generally considered to be like cash.
True
False - correct answer ...
A savings account is not generally considered to be like cash.
True
False - correct answer False
Choose true or false.
The Bible teaches principles of financial planning.
True
False - correct answer True
Sunn Solar Power Corporation has 50,000 shares of stock outstanding. (1) If it declares dividends of
$40,000, what is the dividend per share of stock? (2) What would be your share of the declared dividend
if you owned 100 shares? - correct answer 0.80
80.00
Solve the following dividend problem.
Oaktree Transportation Corporation has 75,000 shares of stock outstanding.
a. What would the dividend per share of stock be from a dividend declaration of $102,750? $ per share
b. How many shares of stock does Jody Nichols hold if her share of the dividend is $20.55? shares -
correct answer 1.37
15
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