1. Suppose that you purchased 300 shares of a stockat $36 per share, ignoring all comminssions. Assume the stock paid a dividend of $2.15 per share for the year. The stock price rose to $41.05 per share and was then sold at that price. WHat was the total amount of dividends recieved?
A. $215
B. $645
C. $1845
D. $12,645
2. Determinants of Interest Rate for Individual Securities A Corporation's 10-year bonds have an equilibrium rate of return of 7.00 percent. For all securities, the inflation risk premium is 1.62 percent and the real interest rate is 3.12 percent. The security's liquidity risk premium is .27 percent and maturity risk premium is .82 percent. The security has no special covenants. What is the bond's default risk premium?
1.40%
9.59%
5.83%
1.17%