This morning, Ryan found an aged bond certificate in an old…

This morning, Ryan found an aged bond certificate in an old desk drawer he bought at an estate sale. He picked it up and noticed that it was a 50-year bond that matured today. He presented the bond to the bank teller at his local bank and received payment for the entire principal and the final interest payment. Which one of the following must have been the bond that Jeff found? 

JJ’s Diner prides itself on serving the best breakfast food…

JJ’s Diner prides itself on serving the best breakfast food in all of Indiana. Each day the diner serves an average of 206.141 kg of waffles, with a standard deviation of 39.812 kg. Assume the weight of waffles served is normally distributed. What is the probability JJ’s Diner serves between 150 kg and 250 kg of waffles in a day? Round your answer to the fourth decimal place.

A company needs to raise $2.8 million to fund a new project….

A company needs to raise $2.8 million to fund a new project. It plans to do so by issuing new shares of common stock. The stock is expected to pay a dividend of $2.00 next year and dividends are expected to grow at a constant rate of 4% annually. Investors require a 9% return on similar stocks. How many shares must the company issue to raise the required funds? Assume the stock price reflects the constant growth model.

You work at a company that manufactures skee-ball machines….

You work at a company that manufactures skee-ball machines. You have been testing a new configuration, and have created a probability distribution to determine the number of points earned per throw. Use the distribution below to answer the following questions. What is the standard deviation for the number of points earned per throw? Round your answers to the third decimal place.

This morning, you purchased a stock that will pay an annual…

This morning, you purchased a stock that will pay an annual dividend of $2.20 per share next year. You require a 15 percent rate of return and the dividend increases at 3.5 percent annually. What will your capital gain be in dollars on this stock if you sell it three years from now?