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Business, 26.11.2021 03:20 mairxaromo

Edgar owns 234 shares of Cawh Consolidated Bank, which he bought for $21. 38 apiece. Each share pays a yearly dividend of $3. 15. Edgar also owns two par value $1,000 bonds from Cawh Consolidated Bank. The bonds had a market value of 105. 166 when he bought them, and pay 8. 3% interest yearly. Which aspect of Edgar’s investment in Cawh Consolidated Bank offers a greater percent yield, and how much greater is it? a. The stocks have a yield 6. 43 percentage points greater than that of the bonds. B. The stocks have a yield 6. 84 percentage points greater than that of the bonds. C. The bonds have a yield 1. 05 percentage points greater than that of the stocks. D. The bonds have a yield 9. 13 percentage points higher than that of the stocks.

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Edgar owns 234 shares of Cawh Consolidated Bank, which he bought for $21. 38 apiece. Each share pays...

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