Answer:
Answer is
Step-by-step explanation:
The answer 1 Its 35 Answer 2 14
Answer:
12
Step-by-step explanation:
-2f-3=7
+2f-3=7+2
f-3=9
f+3=9+3
f=12
i think
Answer:
6.5%
Step-by-step explanation:
The formular used to calculate the cost of preferred stock is:
= Fixed dividend/Net proceeds
Fixed dividend= $50 × 8/100
= $50×0.08
=$4
Net proceeds= Market price-Flotation costs
= $65-(6/100×$65)
= $65-(0.06×$65)
= $65-3.9
= $61.1
Therefore cost of preferred stock is
= 4/61.1 ×100
= 0.065×100
= 6.5%
Hence the cost of preferred stock is 6.5%
It would be 31. 31 is a whole number. since 0.91 is close to 1. We would round it to 31 because of that.
