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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.

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If the exchange rate is 5 Egyptian pounds per U.S. dollar, a watch that costs $25 US dollars costs a. 125 Egyptian pounds b. 50
Anon25 [30]

Answer:

A. 125 Egyptian pounds

Explanation:

Let’s create a proportion using the following setup.

pounds/dollars=pounds/dollars

We know that 5 Egyptian pounds is equal to 1 dollar.

5 pounds/ 1 dollar= pounds/dollars

We don’t know how many pounds are in 25 dollars. We can say x pounds are in 25 dollars.

5 pounds / 1 dollar = x pounds/ 25 dollars

5/1=x/25

We want to find out what x is, so we need to get x by itself.

x is being divided by 25. The inverse of division is multiplication. Multiply both sides of the equation by 25.

25*(5/1)=(x/25)*25

25*5/1=x

25*5=x

125=x

$25 US dollars are equal to 125 Egyptian pounds. Therefore, the watch will cost 125 Egyptian pounds and choice A is correct.

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3 years ago
Because risk is associated with the potential for higher profits, businesspersons are motivated to choose organizational forms t
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4 0
3 years ago
which region gained the most from the exchanges of ideas and technologies facilitated by the mongol empire?
faust18 [17]

Answer:

Europe

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3 years ago
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_______ property is an ownership fence, which applies to resources like land that more than one individual owns jointly.
OverLord2011 [107]

Answer:

Common

Explanation:

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Cameron has a small graphics design business that specializes in customizing social websites. The business is growing; however,
Veronika [31]

Answer: Introducing mass production methods into his business.

Explanation:

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