Answer:
33.3%
Explanation:
Cost of one common stock =$12
Cost of 5 common stock = $60
Price of preferred stock = $75, which is more than $60
Hence, it would not make sense to convert the preferred stock shared into common stock as of now.
Now, if P is $20, then price of 5 stocks:
= 5 × 20
= $100
Hence, the Preferred stock price must increase to at least $100 otherwise there will be arbitrage opportunity.
Increase in price:
= price of 5 stocks - Price of preferred stock
= $100 - $75
= $25
% increase = (Increase in price ÷ Price of preferred stock) × 100
= (25 ÷ 75) × 100
= 33.3%
Decrease in price of a substitute. Increase in price of a complement. Decrease in income if good is normal good.
Answer: a)$18,000 and b)$200,000
Explanation:
a) Deposit = $20,000
Reserve=10%
=10%x20,000 =$2,000
Loan - Deposit = 20,000-2,000 = 18,000
b) 1/Req. Rate Return* loan amount
20,000/10% =$200,000
This encourages spending so there is a shift up and to the right.
As the government increases spending, demand for loans increases and therefore increases the interest rates.
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To be succesful, kinesiology practicioners need to:
- Master all the knowledge regarding human body and how they operate
- the ability to build relationship with other people so they could trust you as a client.
- Following/obeying all the ethical codes for the job
- Fulfill the expectation that patients had by suing their services.
Answer:
many other sellers are offering a product that is essentially identical.
Explanation: