Answer:
Option (C) is correct.
Explanation:
The required proceeds:
= Amount need to be finance ÷ (1 - 7%)
= $20 million ÷ (1 - 0.07)
= $215,05,376.34 (approx)
Hence, the number of shares needed to be issued:
= required proceeds ÷ Issue price per share
= $215,05,376.34 ÷ $50 per share
= 430,108 shares (approx)
Therefore, 430,108 shares they need to issue to cover the cost of the project plus all floatation costs.
Answer:
to assist the low income at a cost to society, in convenient, affordable housing.
Explanation:
Rent control can be defined as a process which typically involves keeping the cost of rent within a certain amount that is affordable for the citizens. Therefore, it ensures the amount of money spent as rent doesn't go above the chosen amount or grow at an increased rate.
Price control can be defined as standard restrictions or regulatory conditions that are typically set and enforced by the government of a country.
This ultimately implies that, price controls are used to impose the minimum and maximum prices set by the government, which are to be charged for various goods and services in the market. This minimum price that can be charged such as minimum wage is known as price floor while the maximum price that can be charged such as rent control is known as price ceiling.
Basically, rent control is considered to be a price ceiling.
Hence, the usual stated political goal of rent control is to assist the low income at a cost to society, in convenient, affordable housing.
Answer:
A. slopes upward for normal goods and downward for inferior goods.
Explanation:
In the case of Engle curve it plots the relationship between income and demand for a good.
In the case of the normal goods, as the income rises the demand also rises while on the other hand in the case of inferior goods, the income rises the demand false
So it sloped upward for the normal goods and slop downwards for the inferior goods
The two correct options are:
peace, stability, and order.
new technologies and infrastructure.
