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Black_prince [1.1K]
3 years ago
13

The preferred stock of Marble Comics pays annual dividends of ​$2 in perpetuity​ (starting in one​ year). If you buy a preferred

share for ​$22.39 and hold it in​ perpetuity, then what is your annual rate of​ return? Express your answer as a percentage rounded to 2 places. i.e. ​12.3456%equals​12.35%.
Business
1 answer:
katrin [286]3 years ago
3 0

Answer:

Annual rate of return =  08.94%

Explanation:

given data

annual Dividend = $2

Price per share of the preferred stock   = $22.39

solution

Annual rate of return from the preferred stock that is express as

Annual rate of return = annual Dividend ÷ Price per share of the preferred stock    ............1

put here value and we get

Annual rate of return = \frac{2}{22.39}        

Annual rate of return = 0.0894

Annual rate of return =  08.94%

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Product-Specific Research includes finding key product features that are selling points. Sells the benefit that the product provides.

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conceptualized

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Karissa works for a company that sells sour cream. Sales are down, so she begins a research project. First, she develops a hypot
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The next step for Karissa is to collect data.

<h3>What are the steps involved in a research project?</h3>

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Creating the research project is step two:

This step focuses on developing a research strategy or overarching approach to how you will address the stated issue or problem. A framework or blueprint for carrying out a research undertaking is a research strategy or approach. It describes the steps required to get the needed data, and its goal is to create a study that will test the relevant hypotheses, find potential solutions to the research problems, and offer the data required for making decisions.

Data Collection is the third step:

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Analyzing Research Data is the fourth step:

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Learn more about research project here:

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The FDIC found out that a company misreported information to a credit scoring company about Wanda. Wanda contacted the company a
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A building acquired at the beginning of the year at a cost of $123,800 has an estimated residual value of $4,800 and an estimate
grigory [225]

Answer:

A. $119,000

B. 10%

C.$11,900

Explanation:

Deprecation is a method used in expensing the cost of an asset.

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The straight line rate = 1/10= 0.1 = 10%

annual straight-line depreciation = depreciable cost × straight line rate = $119,000 × 0.1 = $11,900

I hope my answer helps you

6 0
3 years ago
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