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dolphi86 [110]
3 years ago
8

Otis Thorpe Corporation has 10,000 shares of $100 par value, 8%, preferred stock and 50,000 shares of $10 par value common stock

outstanding at December 31, 2020.Answer the questions in each of the following independent situations.(a) If the preferred stock is cumulative and dividends were last paid on the preferred stock on December 31, 2017, what are the dividends in arrears on December 31, 2020, balance sheet?The amount of dividends in arrears on the December 31, 2020
Business
1 answer:
Y_Kistochka [10]3 years ago
4 0

Answer:

Explanation:

Dividend in arrears for 3 years from Dec 2017 to Dec 2020

= 10,000 X $100 X 8% X 3

= $240,000

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The expected return on a portfolio is 14.30%

Explanation:

CAPM : It is used to described the risk of various types of securities which is invested to get a better return. Mainly it is deals in financial assets.

For computing the expected rate of return of a portfolio , the following formula is used which is shown below:

Under the Capital Asset Pricing Model, The expected rate of return is equals to

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= 8% + 6.3%

= 14.30%

The risk free rate is also known as zero beta portfolio so we use the value in risk free rate also.

Hence, the expected return on a portfolio is 14.30%

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