1) You own 8 bonds of Andrusco Corp. with a coupon rate of 3 3/9%,and that you bought last year at a quote of 98 5/8. How much is an interest check you get?
2) You have just received a dividend check for $46.79, on the round lot of IBM that you bought 5 years ago, at a quote of 89 3/4. If the PV of this security is $5.00, what is the dividend rate on it?
3) You just got a check for $400 from a company representing an interest payment. If you own 10 bonds of this company, what is the PV of this bond?
4) You are contemplating buying 2 1/2 round lots of Facebook 7.5% Preferred. A broker has quoted the stock at 123.65 , 20 times the PV of the stock. How much annual income would you receive if you bought this security?