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likoan [24]
3 years ago
15

Ruth executes a will in 2012 naming her nephew stan as sole beneficiary. in 2014, ruth executes another will, naming her niece t

ammy as sole beneficiary, but does not state that she is revoking the previous will. on ruth's death​
a. ​stan and tammy will share the estate in equal shares.

b. ​stan will be the sole heir.

c. ​the estate will pass as if there were no will.

d. ​tammy will be the sole heir.
Business
1 answer:
Slav-nsk [51]3 years ago
5 0

Stan and Tammy will share the estate in equal shares. You are able to have as many beneficiaries as you name, due to this and no change in the first will, both will be heirs to the estate. If Ruth were to have revoked the first will, then it would have left Tammy the sole beneficiary.

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Arondale Aeronautics has perpetual preferred stock outstanding with a par value of $100. The stock pays a quarterly dividend of
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Annual Rate of Return = 12%

Effective Annual Rate of Return = 9.6%

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Nominal Annual Rate of return = \frac{Dividend\: per\: share\: for\: each\: year}{Par\: price\:per\:share} \times 100

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Effective Annual Rate of Return = \frac{Dividend\: per\: share\: for\: each\: year}{Current\: price\:per\:share} \times 100

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Final Answer

Annual Rate of Return = 12%

Effective Annual Rate of Return = 9.6%

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