1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mkey [24]
3 years ago
11

SEU Co. has preferred stock outstanding that is expected to pay an annual dividend of $4.88 every year in perpetuity. If the req

uired return is 4.69 percent, what is the current stock price
Business
1 answer:
ZanzabumX [31]3 years ago
5 0

Answer:

Current stock price = $1.040

Explanation:

We know,

Current preferred stock price = Preferred dividend ÷ Expected rate of return

Given,

Expected rate of return = 4.69%

Preferred dividend = $4.88

Current preferred stock price = ?

Putting the values into the formula, we can get

Current preferred stock price = $4.88 ÷ 4.69%

Or,Current preferred stock price = $1.040.

Therefore,  the current preferred stock price is $1.040.

You might be interested in
In a free market​ system, ____. A. central planning determines supply B. government forces primarily determine prices C. most ne
natka813 [3]

Answer: Option E

Explanation: In a free market system the prices of goods and services produced are determined by the market forces of demand and supply. This are also known as open market.

The intervention of govt. in regulating such markets is very minimal. Thus, the control in such markets stands in hands of private owners. Therefore, the private owners produce with the single aim of profit maximization in such economies.

Hence we can conclude that the right option is E.

4 0
3 years ago
A country reported nominal GDP of $115 billion in 2010 and $125 billion in 2009. It also reported a GDP deflator of 85 in 2010 a
ICE Princess25 [194]

Answer:

<h2>In this case,the correct answer is option b. or real output rose and price level fell.</h2>

Explanation:

GDP Deflator in Macroeconomics,shows the inflation or deflation rate in a country within the specific time period.Hence,it measures the changes in the average price level of goods and services in any country or economy over a particular period of time.It is mathematically calculated by dividing the nominal GDP of the country or economy by its real GDP.Now,a decrease in the nominal GDP relative to the real GDP or GDP deflator implies an deflationary impact or an increase in the average price level of goods and services in the economy and vise versa.Note that in this case both the nominal GDP and GDP deflator decreased from 2009 to 2010 which advocates that the price level in the economy fell(deflation) and the real output or GDP rose or increased due to deflationary impacts as reflected by the decline in GDP deflator.

5 0
3 years ago
Describe how the biodiversity crisis extends throughout the hierarchy of biological organization.
daser333 [38]

Answer:

Explained below:

Explanation:

It is really true that biodiversity crisis is continuously increasing as many biological groups reported that some varieties of species started to speedily die and specimen report shows that there have been five periods of mass abolition in history with much large scales of species destruction, and the rate of species extinction now is comparable to those times of mass destruction. Definitely, three human actions have a notable impact; the decline of habitat, the entrance of exotic species and advance accumulation.

4 0
3 years ago
1. Bankruptcy law is primarily state law. a. True b. False 2. The government is given the power to establish bankruptcy laws in
exis [7]

Answer:

1. Bankruptcy law is primarily state law.   b. False

2. The <u>  </u><u>federal </u> government is given the power to establish bankruptcy laws in Article I, Section 8 of the <u> U.S constitution</u>. The purpose of bankruptcy law is to protect the <u> debtor </u> by giving him or her a fresh start and to ensure <u>equitable</u> treatment of the <u> </u><u>creditors</u>.

Fill in the blanks with words that would best complete the passage.

equitable federal debtor perfect state assets state constitutions creditors U.S. Constitution

3. Bankruptcy proceedings are held in <u> federal bankrupcy courts</u>.

4. Title <u> 11 </u>of the United States Code contains the Bankruptcy Code.

5. The Bankruptcy Code has several chapters. Chapter <u> 7  </u>provides for liquidation proceedings, Chapter <u> 11  </u>governs reorganizations, and Chapter    <u>13</u> provides for an adjustment of debts for individuals with regular income.

6. In order to obtain bankruptcy relief a debtor must be insolvent, or unable to pay his debts. b. False

7. Consumer-debtors are those whose debts result from the purchase of goods for <u> personal</u> use. The Bankruptcy Code<u> </u><u>requires</u>  that court clerks provide additional<u> information </u>to consumer-debtors when they file for bankruptcy.

8 0
3 years ago
Whereas ______________ are often associated with a low-cost leader strategy, ______________ are frequently an important aspect o
valina [46]

Answer:

banks

Explanation:

banks is it

3 0
3 years ago
Other questions:
  • Precision Company estimates its machine-hour requirements for the four quarters to be 35,000 hours, 20,000 hours, 15,000 hours,
    10·1 answer
  • AnyCo is a US consumer product company enjoying broad distribution and dominant market share in its domestic market. An opportun
    9·1 answer
  • As additional slices of pizza are consumed, the additional satisfaction gained from each slice less than that of the previous sl
    5·1 answer
  • List 5 store documents pls ASAP​
    15·1 answer
  • Are there any special fees or interest rates, or both for Chash Advances and Balance Transfers?Explain.​
    14·1 answer
  • Knowing that accounting and reporting laws differ widely around the world thereby posing risks for the international business, b
    12·1 answer
  • GDP is $12 trillion this year in a closed economy. Consumption is $8 trillion and government spending is $2 trillion. Taxes are
    5·1 answer
  • Southern Tours is considering acquiring Holiday Vacations. Management believes Holiday Vacations can generate cash flows of $218
    8·1 answer
  • Walmart and Nordstrom maintain very different strategic profiles, one based on cost-leadership and the other based on differenti
    5·1 answer
  • In the car insurance case study, text mining was used to identify auto features that caused injuries. Group of answer choices Tr
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!