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expeople1 [14]
3 years ago
9

Bedeker, Inc., has an issue of preferred stock outstanding that pays a $5.55 dividend every year in perpetuity. If this issue cu

rrently sells for $92 per share, what is the required return? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Business
1 answer:
Lena [83]3 years ago
7 0

Answer:

6.03%

Explanation:

The computation of the required rate of return is shown below:

Required rate of return = Annual preference dividend ÷ expected sale price

= $5.55 ÷ $92

= 6.03%

By dividing the annual preference dividend by the expected sale price we can get the required rate of return and the same is shown above

Hence, the required rate of return is 6.03%

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<span>If Part i51 is used in one of pries corporation's products and the company makes 18,000 units of this part each year, then the company's accounting department reports the following costs of producing the part at this level of activity that an outside supplier created an offer to produce and create a selling process to the company.</span>

4 0
3 years ago
Choose the items below that would be added to the book balance on a bank reconciliation. (Check all that apply.)
Blizzard [7]

Answer:

A. Interest earned on the depositor's account

B. Deposit in transit and Note collected by the bank for the depositor

Explanation:

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A. Interest earned on the depositor's account.

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3 0
3 years ago
explain on how the media can influence public opinion of sports personalities in both a positive and a negative way...
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A. The size of the factory is fixed.

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natta225 [31]

Answer:

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Roberto's father and uncle started a company that buys bauxite, copper, and other minerals from Chile, and brings them into the U.S. So the company is involved in importing activity.

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