Answer:
Total $1,091.0030
Explanation:
The market value of the bond will be the sum of the present value of the cuopon payment and the maturity date:
present alue of cuopon payment will be calculate as present value of an ordinary annuity:
C 42.25 (1,000 face value x 8.45% /2 payment per year)
time 21 (10 years at 2 payment per year+ 1 payment)
rate 0.036 (here we use the YTM rate /2 because there are 2 payment per year)
PV $615.1803
<u>Then, for the present value at maturity, we calculate the present value of a lump sum</u>
Maturity 1,000.00
time 21.00
rate 0.036
PV 475.82
<u>Finally, we add them both together</u>
PV c $615.1803
PV m $475.8227
Total $1,091.0030
Answer and Explanation:
1. The preferred stock is non-cumulative, and in previous years, the company has not skipped any dividends.
Dividend paid to preferred shareholders = Shares × Par value preferred stock × Shares percentage
= 3300 × $103 × 7%
= $23,793
Dividend paid to common shareholders = Cash dividend - Dividend paid to preferred shareholders
= $123,500 - $23,793
= $99,707
2. The preferred stock is non-cumulative, and in both of the two previous years, the company did not pay a dividend.
Dividend paid to preferred shareholders = Shares × Par value preferred stock × Shares percentage
= 3300 × $103 × 7%
= $23,793
Dividend paid to common shareholders = Cash dividend - Dividend paid to preferred shareholders
= $123,500 - $23,793
= $99,707
3. The preferred stock is cumulative, and in both of the two previous years the company did not pay a dividend.
Dividend paid to preferred shareholders = Shares × Par value preferred stock × Shares percentage × Number of years
= 3,300 × $103 × 7% × 3
= $71,379
Dividend paid to common shareholders = Cash dividend - Dividend paid to preferred shareholders
= $123,500 - $71,379
= $52,121
Answer: C) a tend-and-befriend strategy.
Explanation:
The Tend and Befriend strategy is a relatively new theory that tries to explain another way humans respond to stress.
Recent studies have shown that women are the main proponents of this theory because while men would rather prefer a 'Fight or Flight' approach, women can reduce stress faster when going by this theory as they are more likely to nurture and tend to their offspring as well as rely on their close ones as a support system who they can lean on in hard times.
Debra was stressed by her job and went to talk to her friend about it. It could be said therefore that Debra's friend is her support system. Also notice how Debra is now laughing which shows a reduction in stress has talen place thereby confirm this theory.
