1. What are the number of common shares outstanding for general electric 2012?
2. What is stocks? and explain why you think they are needed?
3. A bond that matures in 7 years sells for $1,020. The bond has a face value of $1,000 and a yield to maturity of 10.5883%. The bond pays coupons semiannually. What is the bond’s current yield?
4. Which of the following bonds would most likely sell at the lowest yield?
a callable mortgage bond
a puttable mortgage bond
a puttable debenture
a callable debenture