Answer:
The answer is $115.38
Explanation:
Solution
Given that
The annual dividend on preferred stock = $7.50
Required return on preferred stock+= 6.5%
The next step is to find at what price should the preferred stock sell which is given as follows:
The rice of preferred stock = 7.50/6.5%
= $115.38
$115.38 is the price at which the stock preferred was sold.
Personal, social and methodical skills
Increased trade<span> creation as a result of the resulting expanded market, the possibility of EOS that may lead to more exports outside the bloc, greater political and bargaining power in negotiations with developed economies, and. a decreased level of dependence on developing countries' markets.</span>
Based on the scenario, it is considered to be false. The
school of Jordan won’t be sued for tortious interference with existing
contractual relationship because it doesn’t even prove that the person involved
had intentionally damage one’s contractual or business relationship of which
Jordan didn’t even engaged to.
Answer:
d. Cash equivalent.
Explanation:
Based on the information provided within the question it can be said that the investment term being described are called cash equivalents. This is one of the three main asset classes within financial investing, with stocks and bonds. Like mentioned in the question it refers to to an investment securities as short term investments that are highly liquid. Such examples include commercial paper and treasury bills.