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Fundamentals of Business Economics

3.4 A $100 stock with market price of $90 and a dividend of $6 will generate a
yield of:

A 6%

B 6.67%

C 7.5%

D 15.0%

3.5 If the reserve asset ratio was 40%, how much money could a bank create
from an initial deposit of £1,000?

A £2,000

B £2,500

C £4,000

D £10,000

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