Answer:
$5.25
Explanation:
A preferred stock is sold at $54.20
The market return is 9.68%
Therefore the dividend amount can be calculated as follows
= 54.20 × 9.68/100
= 54.20 × 0.0968
= $5.25
Hence the dividend amount is $5.25
Amount in the bank $23479
amount deposited is 25% this will be equal to:
25/100*23479
=$5869.75
The total amount in the bank is:
23479+5869.75
=$29348.75
the percentage she must withdraw for her to remain with the initial amount is:
5869.75/29348.75
=0.2
=20%
Answer:
True (at least most of the time)
Ideally companies will require their systems analysts to have a college degree in information systems, computer science, business, or a closely related field.
But sometimes the demand for people with a degree in computer science or information systems is much larger than the supply, then many companies go directly to the colleges and hire students who haven't graduated yet.
I know this since a few years ago a local university issued a public statement about this issue since less that 30% of their students (in computer related fields) actually graduated. Most of the students were hired by Intel, IBM and HP during their third college year and they dropped out. Of course the students left because they were offered high salaries, imagine if you are 20 or 21 years old and a huge corporation offers you over $70,000 a year. I'm not sure that this is still happening, but I doubt it has changed.
Answer :
The equivalent annual annuity of GSU-3300 = 6,520.30
Explanation :
The computation of the equivalent annual annuity of the GSU -3,300 is shown below:
As per the data given in the question,
For GSU-3300, Cash flow =$25,010
Time = 8 years
Cost = $99,984
For UGA-3300, Cash flow = $28,975
Time = 9 years
Cost $123,069
Based on this,
The equivalent annual annuity of GSU-3300 is
= -$99,984 × 9.63% ÷ {1 -1 ÷ (1 + 9.63%)^8} + $25,010
= 6,520.299
= 6,520.30
