Answer:
7.73%
Explanation:
The computation of the cost of preferred stock is shown below:
As we know that
Cost of preferred stock = {Annual dividend ÷ (price - flotation cost)} × 100
where,
Annual dividend = 6.0% × $100 = $6
Flotation cost = $80 × 0.03 = $2.4
And, the price is $80
So, the cost of preferred stock is
={$6 ÷ ($80 - $2.4)} × 100
= ($6 ÷ 77.6) × 100
= 7.73%
We simply applied the above formula
Answer:
The correct answer is False.
Explanation:
A fundamental success factor in any project is its director's ability to make the right decisions at the right time. This can only be done if there is clear, reliable and updated information about the progress of the project. It is equally important to provide concise information to those interested in the project. The GVG provides an approach to measure the performance of the project from the comparison of its real progress against the planned one, allowing to evaluate trends to formulate forecasts.
To implement the GVG in a project, it is necessary to define the Performance Measurement Baseline (PMB), which integrates the description of the work to be performed (scope), the deadlines for its completion (schedule) and the calculation of its costs and resources required for its execution (cost).
Compound interest means earning interest on the interest and principal balance from previous years!
After 1 year, $200 x 1.02 = $204
After 2 years, $204 x 1.02 = $208.08
After 3 years, $208.08 x 1.02 = $212.24
The answer is a dividend. These companies give their shareholders this payment base on their share of stock. They provided it to show that the company has a stable financial condition. Thus, their trust is gained due to this kind of benefit.
Answer:
Penetration pricing is a strategy used by businesses to attract customers to a new product or service by offering a lower price initially.
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