Answer:
1,212,723 shares
Explanation:
Given that,
Value of issuing preferred stock = $33,000,000
Discount rate = 11.87%
Dividend paid = $3.23
Price of preferred stock:
= Annual dividend ÷ discount rate
= $3.23 ÷ 0.1187
= $27.2115
Shares will they need to issue:
= Value of issuing preferred stock ÷ Price of preferred stock
= $33,000,000 ÷ $27.2115
= 1,212,723
What should you tell her is: She do not have to enroll under Part B before she enroll in a prescription drug plan.
Medicare prescription drug plan is plan that help to cover all prescribed drugs which means that any person under the plan drugs is covered thereby by saving costs.
Based on the scenario every person who is qualified to Part A or who is enrolled under Part B is qualified to register for Medicare prescription drug plan.
Since she is qualified for Part A, she do not need to register or enroll in Part B before been enrolled in a Medicare prescription drug plan.
Inconclusion What should you tell her is: She do not have to enroll under Part B before she enroll in a prescription drug plan.
Learn more here:
brainly.com/question/2484113
Answer:
$532.73
Explanation:
we need to determine the present value of the bond:
Present value = future value / (1 + r)ⁿ
where:
- future value (FV) = $1,000
- r = 6.5%
- n = 10 years
PV = $1,000 / (1 + 6.5%)¹⁰ = $1,000 / 1.065¹⁰ = $1,000 / 1.8771 = $532.73
