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tigry1 [53]
3 years ago
7

Carby Hardware has an outstanding issue of perpetual preferred stock with an annual dividend of $2.30 per share. If the required

return on this preferred stock is 6.5%, at what price should the preferred stock sell?
Mathematics
1 answer:
nikitadnepr [17]3 years ago
4 0

Answer:

$ 35.38

Step-by-step explanation:

Given data:

Annual dividend per share = $ 2.30

Required return on the preferred stock = 6.5 %

Thus,

Selling price of the preferred stock

= Annual dividend per share / Required return on the preferred stock

on substituting the respective values, we get

Selling price of the preferred stock = $ 2.30 / 6.5% = $ 2.30 / 0.065

or

Selling price of the preferred stock = $ 35.38

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MatroZZZ [7]
1. 550 pages left

55×4=220+330=550

2. 10 hours

330÷55=6+4=10
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3 years ago
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The arch of a bridge can be modeled by <img src="https://tex.z-dn.net/?f=y%3D-%5Cfrac%7B1%7D%7B170%7D%28x-225%29%28x%2B225%29" i
Usimov [2.4K]

Answer:

450 feet at ground level

Step-by-step explanation:

The width of the bridge at ground level will be where the function intercepts the x-axis also known as the roots or zeros of the function. They are found using the zero product property to set each factor equal to 0.

This means (x-225) = 0 and (x + 225) = 0. So x = -225, 225.

This means the width is the absolute value of |-225| + 225 since distance cannot be negative. This makes it 450 feet.

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3 years ago
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use the diagram to find the distance across the suspension bridge. Round your answer to the nearest foot
3241004551 [841]

Applying the tangent ratio, the distance across the suspension bridge is: 499.2 ft.

<h3>What is the Tangent Ratio?</h3>

Where we are given a right triangle, the tangent ratio is determined using the formula, tan ∅ = opposite side/adjacent side.

The diagram atatched beow whos the distance across the suspension bridge which consists of 6 identical right triangles.

Find the adjacent side of each right triangle using the tangent ratio:

∅ = 32

Opposite side = 52 ft

Adjacent side = x

Plug in the values into the tangent ratio:

tan 32 = 52/x

x = 52/tan 32

x = 83.2 ft.

Distance across the suspension bridge = 6(83.2) = 499.2 ft.

Therefore, applying the tangent ratio, the distance across the suspension bridge is: 499.2 ft.

Learn more about the tangent ratio on:

brainly.com/question/4326804

7 0
2 years ago
I wrote it down better
Elenna [48]
number one is 280 because 4/2 is 2 + 2 is 4 then you multiply 7 and that is 28 ^ 2 which is 280
4 0
4 years ago
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Find the rectangular coordinates of the point with the polar coordinates (3, 3 divided by 2 pi ). (1 point)
kifflom [539]

Answer:

The correct choice is (0,-3)

Step-by-step explanation:

To convert from polar coordinates to rectangular coordinates, we use the parametric equations:

x=r\cos \theta and y=r\sin \theta

The point given to us in polar coordinates is (3,\frac{3}{2}\pi).

where r=3,\theta=\frac{3\pi}{2}

x=3\cos (\frac{3\pi}{2}) and y=3\sin( \frac{3\pi}{2})

x=3(0) and y=3(-1)

x=0 and y=-3

The correct choice is (0,-3)

5 0
3 years ago
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