Answer:
The correct option is $7,option C
Explanation:
The approach here is that we calculate the value of the firm after the cash dividend distribution ,which is simply the value of operations of $1000 since the short-term investments of $100 has been used in paying dividends.
Thereafter,the value of equity is the value of operations of $1000 minus the value of debt at $300,that is $700 ($1000-$300).
Finally intrinsic share price=value of equity/number of shares
number of shares is 100
intrinsic value per share=$700/100=$7 per share
Answer: 10.13%
Explanation:
The after-tax return on the preferred shares would be:
= After-tax return + Premium required
= (8.8% * (1 - 25%)) + 1%
= 7.6%
For the preferred stock to be issued at par with the above after tax return:
= After tax return / ( 1 - tax)
= 7.6% ( 1 - 25%)
= 10.13%
The correct answer is B. Urbanization lowers the peak discharge of streams and decreases the lag time after a rainstorm.
Answer:
It is less likely that injuries will occur during an emergency
Its less likely that damage will occur during an emergency
are the correct options.
Explanation:
A fire prevention program eliminates or reduces the occurrence of fires by training people in fire safety.
The fire prevention plan should include: The list of all <em>major fire hazards, proper storage procedures and handling procedures for hazardous materials, the various types of fire protection equipment required to control major hazard, potential ignition sources and their control</em><em><u>.
</u></em>
A fire needs fuel, heat and oxygen, without oxygen, fuel and heat a fire cannot start. So the strategy to prevent fire should try to remove one of more of these elements.
Answer:
The correct option is E,Ted's annuity has a higher present value than Allison's
Explanation:
Both annuities do not have equal amount today as $1000 received today is higher in value terms than $1000 receivable in a month's time since cash receivable earlier is much more valued than the one receivable later.
Ted's annuity is an annuity due not an ordinary annuity
Allison's annuity is an ordinary annuity not annuity due
Allison's annuity has a lower present value than Ted's and not the other way round.
The only correct statement is option E,since Ted is expected to receive $1000 today, his annuity has a higher present value compared to Allison's
