City bank needs a one day reserve loan of $2.6 million from country bank. Which
ID: 2704723 • Letter: C
Question
City bank needs a one day reserve loan of $2.6 million from country bank. Which one of the following interest rates will be charged on this loan?
money marked
federal funds
discount
prime treasurey
upwind tours just annount that t it will pay an annual dividend of $3.60 a share one year from now. two years from now, the company expects to pay a $28 a share liqudating dividend. After that, the company will cease operation.s what is the current valie per share at a dicount rate of 12.5%?
23.88
24.97
25.32
28.09
29.16
home interiors has net income of $248,000. the firm has decided to pay $160,000 of that income out to shreholders. what is the firms retention ratio
.355
.412
.450
.588
.645
Explanation / Answer
1. federal funds
2. 28.09
3. 0.450