Answer:
9.411 %
Explanation:
COst of preferred stock can be calculated by dividing the dividend by the market price per share
DATA
Dividend rate = 8%
Par value = $100
Dividend = 8% x $100 = $8
Market price = $85
Solution
Cost of Preferred stock = Dividend / Market price
Cost of Preferred stock= 8% ×$100/$85
Cost of Preferred stock= 9.411 %
I ma Gathas izgbauv ah ah shucks shvsjgwnigs she skis s if ski. I’ve so. Kiev I’ve J.B. sign snhivs jib. S
Hey there,
A benefit of using a debit or credit card instead of cash is that it provides a paper record of a purchase. A proof of purchase is often needed in all of the following situations except: Equipment rental
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~Jurgen
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Usually, the people would determine the best economy of a country by its GDP or the Gross Domestic Product. The GDP is basically the total amount of goods and services that the country produces in monetary units. (Usually in dollars since that is the standard international rate). So basically, the more a country produces and exports, the higher his economy is. This is one of the basic measurements of how good an economy is doing.
Answer: -0.93%
Explanation:
In 3 months time Chrysler will have to pay a yield of 6.93% when in fact 3 months from now, had they not bought the futures, they would have to pay 6%.
This means that they will have overpayed with the futures contract.
The amount in interest they overpayed by can simply be calculated as,
= Floating Rate 3 months from.now - Effective yield on Futures contract
= 6% - 6.93%
= -0.93%
Chrysler made a loss of (0.93% )
