You Need to Convert 12

question 7

Multiple Choice

You need to convert 12.125 to a fraction that you would find on a tape measure. Which value would you multiply with 0.125?

• A)16
• B)8
• C)4
• D)2

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Definitions:

Tax Rate

The percentage defining how much of a person's or business's income is allocated to taxes.

Bond Issues

Financial securities issued by corporations or governments to raise capital by borrowing from investors, to be repaid with interest at maturity.

Cost of Preferred Stock

The required rate of return for a firm's preferred stock, considering dividend payouts and the stock's price.

Annual Dividend

The total amount of dividend payments a shareholder receives from a stock or investment in a year.