Answer:
6.5%
Step-by-step explanation:
The formular used to calculate the cost of preferred stock is:
= Fixed dividend/Net proceeds
Fixed dividend= $50 × 8/100
= $50×0.08
=$4
Net proceeds= Market price-Flotation costs
= $65-(6/100×$65)
= $65-(0.06×$65)
= $65-3.9
= $61.1
Therefore cost of preferred stock is
= 4/61.1 ×100
= 0.065×100
= 6.5%
Hence the cost of preferred stock is 6.5%
The size of the largest square is 36m². To find for the measures of the squares, use the common factors of 42 and 60. Among the common factors, choose the greatest.
Find the factors of 42 using the listing method.
42 - 1, 2, 3, 6, 7, 14, 21, 42
Find the factors of 60 using the listing method also.
60 - 1, 2, 3, 4, 5, 6, 10, 12, 15, 20, 30, 60
Identify the common factors of 42 and 60.
42 - 1, 2, 3, 6, 7, 14, 21, 42
60 - 1, 2, 3, 4, 5, 6, 10, 12, 15, 20, 30, 60
Common Factors: 1, 2, 3, 6
Therefore, the size of the largest square is 36m² since 6m x 6m is equals to 36m².
Nikkis charges are 20,40,50,80. Dave’s charges are 25 and 37.5.
It would be 18.75 because if you put it into a mixed number then multiply by 5 you get 18.75
