"Manhattan Developers, Inc., pays Northeast Trust Company to release its claim to a strip..." this is a quitclaim deed. This is further explained below.
<h3>What is a deed?</h3>
Generally, the deed is simply defined as Legal documents that are signed and delivered, particularly those that deal with property or legal rights.
In conclusion, When a company pays another company to relinquish a claim to a strip mine, it is executing a quitclaim deed.
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Answer:
13.86%
Explanation:
Calculation to determine the flotation-adjusted (net) cost of its new common stock
Using this formula
Cost of new common stock(re) = [d1 / stock price (1-flotation cost)] +g
Let plug in the formula
Cost of new common stock(re)= [$1.36 / 33.35 (1 – 0.065)]+0.094
Cost of new common stock(re)= [$1.36 / 33.35 (0.935)]+0.094
Cost of new common stock(re)= [$1.36/31.182)+0.094
Cost of new common stock(re)=0.04361+0.094
Cost of new common stock(re)=0.1376*100
Cost of new common stock(re)=13.76%
Therefore the flotation-adjusted (net) cost of its new common stock will be 13.76%
No, the price will rise because more people are competing for the products
Answer:
Explanation:
Demand is the amount of a good or service consumers wants
| Consumer demand can change often; for many reasons
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Answer
The answer and procedures of the exercise are attached in the following images.
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in 2 sheets with the formulas indications.
