In this case, the registered representative should verify the information and investment objectives.
<h3>Who is a
registered representative?</h3>
A registered representative means a professional who possess the legal authority to sell some securities.
Hence, since he is assigned an account where the information of the client is listed, hence, he should verify the information and investment objectives.
Read more about registered representative
<em>brainly.com/question/18817716</em>
Answer:
$14.48
Explanation:
P0 = $.90 / 1.16 + $18.44 / 1.16^2 = $14.48
One share of this stock worth today if the required rate of return is 16 percent is $14.48
The difference is that preferred stocks pay an agreed-upon dividend at regular intervals. This quality is similar to that of bonds. Common stocks may pay dividends depending on how profitable the company is. Preferred stock dividends are often higher than common stock dividends.
Answer:
9.69%
Explanation:
Calculate for the internal growth rate
First step is to calculate the ROA
ROA = $4,819/$38,200
ROA=.1262*100
ROA= 12.62%
Second step is to calculate the plowback ratio b
The plowback ratio, b= 1 – .30
b= .70
Now let calculate the Internal growth rate using this formula
Internal growth rate=(ROA × b)/[1 – (ROA × b)]
Let plug in the formula
Internal growth rate=[.1262(.70)]/[1 – .1262(.70)]
Internal growth rate=.0969*100
Internal growth rate= 9.69%
Therefore the internal growth rate will be 9.69%
