<span>Creating and distributing computer viruses is one of the most widespread types of cyber crime. Computer </span>viruses attack many computers today and they are happening all over the world. Because they are so easily accessible to attack and most do not protect their computers it makes them one of the most widespread types of cyber crime.
Answer:
The cost of newly issued preferred stock to the firm is 5.82%
Explanation:
Annual dividend = $25 * 6% = $1.5
Present price = $28
Flotation costs = 8% = 8/100 = 0.08
Cost of new stock = Annual dividend / [Current price(1 - flotation costs)]
Cost of new stock = 1.5 / [ 28(1 - 0.08)]
Cost of new stock = 1.5 / [ 28(0.92)]
Cost of new stock = 1.5 / 25.76
Cost of new stock = 0.0582
Cost of new stock = 5.82% (Approx).
Answer:
d. $935.69
Explanation:
The computation of the market price of the bond is shown below:
Given that
Future value be $1,000
RATE = 6.32% ÷ 2 = 3.16%
NPER = 11 × 2 = 22
PMT = $1,000 × 5.5% ÷ 2 = $27.50
The formula is shown below:
=-PV(RATE,NPER,PMT,FV,TYPE)
After applying the above formula, the market price of the bond is $935.69
