Answer:
$10.42
Explanation:
The computation of the intrinsic value of this preferred stock using the DDM method is shown below:
= Annual dividend ÷ required rate of return
where,
The Annual dividend is $1.25
And, the required rate of return is 12%
Now placing these values to the above formula,
So, the intrinsic value of the preferred stock is
= $1.25 ÷ 0.12
= $10.42
Hence, the second option is correct
Answer:
The correct answer is Repetitive process.
Explanation:
Repetitive or series processes: those processes that produce items in large quantities, in bulk at regular intervals, where large quantities of homogeneous products are produced, such as the automotive, electronics, toys, food, etc.
Generally these processes are mechanized and even automated, the adjustments of the machines are scarce, the volumes are high, the labor force is little specialized and there is a permanent maintenance service.
Reduced by an amount that is equal to an individual's income from other sources
