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kirza4 [7]
2 years ago
13

An individual stockholder is entitled to receive any dividends declared on stock owned, provided the stock is held on the date o

f
Business
1 answer:
Nataly_w [17]2 years ago
7 0
An individual stockholder is entitled to receive any dividends declared on stock owned, provided the stock is held on the ex-dividend date. This is the date that is scheduled by the stock exchange. It is the date where you are entitled as the owner of a stock.
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Answer:

$130,537.34

Explanation:

We apply the formular for calculating present value of annuity to find quarterly payment in this case. Specifically in this calculation, the financing amount is the Present Value (PV), the number of time equal repayment quarterly will be made is n which forms an annuity, the discounted rate is the charged interest rate by loan issuer (r).

What we need to find is how much will equal quarterly equal repayment will be (C).

The formular for finding present value of annuity as shown below:

PV = C x ( [ 1- (1+i)^(-n) ] / i )

where:

PV = the financing amount = $ 4 million x ( 100% - 12%) = $3.52 million

i = 12% /4 = 3%

n = 4 x 14 = 56 ( as the interest rate is compounded quarterly)

by applying PV, i, n, we have C = $130,537.34

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Explanation:

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In a financial crisis, the unemployment rates will likely be _____ and the company profits will likely be _____.
Evgen [1.6K]
<span>In a financial crisis, the unemployment rates will likely be higher and the company profits will likely be lower.</span>
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