Question 1

 

Below are the share prices and per-share earnings over the last 12 months for four companies at a point during the summer of 2009. At least at the time, which company had the largest P/E ratio?

 

Stock                                       Price                Dividend

 

Apple (APPL)                          $  165.51         $       5.74

 

Dell (DELL)                             $    13.20         $       0.98

 

Hewlett-Packard (HPQ)           $    43.54         $       3.09

 

IBM (IBM)                              $  119.33         $       9.38

                       

*Apple

                       

Dell

                       

Hewlett-Packard

                       

IBM

 

 Question 2

Looking through the financial records of a local nonprofit organization, you learn that the organization’s treasurer paid $950 for a $1,000 bond with a 5.6 percent interest rate. What is the bond’s current yield?

                       

*5.9 percent

                       

6.2 percent

                       

23.5 percent

                       

589.5 percent

 

Question 3

Metroville plans to pay the $8 million cost of a water and sewer system upgrade by issuing 15-year bonds with an interest rate of 5.25 percent. In all, how much will the upgrade cost Metroville?

                       

$80,000

           

$6,300,000

                       

* $14,300,000

                       

$638,000,000

 

Question 4

I was surprised by how much the film ___ me emotionally.

                       

*affected

                       

effected

 

Question 5

The new police chief has pledged to ___ many changes in the department.

                       

affect

                       

*effect

 

Question 6

 

The film had a powerful ___ on my emotions.

                       

affect

                       

*effect

 

Question 7

The reporter missed the board's special meeting because board members had ___ the reporter from the list of people notified about the meeting.

 

*excepted

                       

accepted

 

Question 8

The disabled mini submarine had ___ than 20 minutes of air in its crew compartment.

                       

*fewer

                       

*less

 

Question 9

 

In this sentence:

 

"Doctors had warned the singer that he was gaining too much weight."

 

 ... the words "that he was gaining too much weight" constitute ___.

                       

*a dependent clause.

                       

an independent clause.

 

Question 10

 

In this sentence:

 

"The star player smacked the ball into the left field bleachers."

... the words "into the left field bleachers" constitute ___.

                       

an infinitive phrase

                       

an absolute phrase

                       

a noun phrase

                       

*a prepositional phrase