1. How do Annual Percentage Rates affect you?
2. BLK, Inc. has 12,000 shares of stock outstanding with a market price per share of $60. The net aftertax earnings of the firm are $45,000. The firm has just declared a 3-for-1 stock split. What will the price-earnings ratio be after the stock split?
3. Berkley Industrial Supply declared a dividend on Monday, August 3 to holders of record on Monday, August 17. The dividend is payable on Friday, September 4. The last day you can purchase shares of this stock and receive the September 4 dividend is: August 12.