Answer:
Preferred stock dividends are paid before common stock dividends. Cumulative preferred stock will receive dividends even if they are not distributed during a certain period since they will add up until the company is able to pay dividends again.
Another preference si that in case of dissolution, preferred stockholders are paid before common stockholders (in case there is money to distribute).
Explanation:
Insurance is needed by all. it gives a full coverage to all at any time. pooling of insurance is done by companies. Health insurance and Life insurance is worth
Answer:
fourth option
Explanation:
global trade is worldwide
it is the 4th option
Answer: c. Arbitration can be set aside if the finding is inconsistent with the law
Explanation:
Arbitration awards can be set aside if the finding is inconsistent with the law. If indeed the finding is inconsistent with the law, the Arbitrator appears to be bias or Arbitration procedures and laws were not properly followed the Arbitration award is set aside. The Arbitration award will void and the act will be nullified.
Answer:
Coupon rate is 5.17%
Explanation:
Yield to maturity is the annual rate of return that an investor receives if a bond bond is held until the maturity.
Assuming Face value of the bond is $1,000
Face value = F = $1,000
Selling price = P = $948
Number of payment = n = 9 years
Bond Yield = 5.9%
The coupon rate can be calculated using following formula
Yield to maturity = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]
5.9% = [ C + ( $1,000 - $948 ) / 9 ] / [ ( $1,000 + $948 ) / 2 ]
5.9% = [ C + $5.78 ] / $974
5.9% x $974 = C + $5.78
$57.466 = C + $5.78
C = $57.466 - $5.78 = $51.686
Coupon rate = $51.686 / $1,000 = 0.051686 = 5.17%