Answer:
$74.61
Explanation:
The computation of the value of preferred stock is shown below:
Value of preferred stock = Annual dividend ÷ return of preferred stock per share
= 10.40% × 100 ÷ 13.94%
= $74.61
Simply we divide the annual dividend by the value of preferred stock per share so that the correct value of preferred stock can be computed
Answer: d. and checking accounts are all stores of value, but only checking accounts commonly function as mediums of exchange
Explanation:
Checking accounts : Is a type of account operated with a financial institution that allows the customer to deposit and also make withdrawals. It is also knowns as transactional accounts. In running a checking account, account owners can have access to their money using debit cards, and the use of cheque.
•What makes checking account different from other types of bank account is that it allows the owner to make numerous withdrawals and there is also no limit to deposits.
Stock: Is an investment owned by an individual or groups through the purchase of shares from a company, it could also be a certificate issued to indicate ownership of shares in an organization.
•It is a a way of investing for an investor because as the stock grows the money also grows and also a means of raising money for an organization.
Bonds: Are issued by an organization in other to raise capital, they are securities with fixed income. The bond holder lends money to the bond issuer and the money is paid back at a fixed payment rate within a period.
Answer: $50,000
Explanation:
The maximum amount the insurance company will pay is $25,000 per person with a topmost of $50,000 per accident for all persons. Peradventure one is involved in an accident and someone is injured, your liability coverage is part of your automobile insurance and will pay for their injuries.
Answer:
Explanation:
1. Shareholder's Equity = 4 billion
shares outstanding = 60 million
Book value/ share = 4000/60 = $66.66/ share
Market value / Book Value = 1.7
Market value of stock = 1.7*66.6=$113.22
2. EBITDA or earnings before interest, taxes, depreciation and amortization
Enterprise value (EV) = Market value of equity . + Market value of debt. - Cash
=4bill + 8bill - 320million
=12 billion -320 million
=1.168 billion
