Answer:
Step-by-step explanation:
You need to find the HCF of 36 and 90.
<u>Prime factors of each:</u>
<u>HCF includes all prime factors of both numbers:</u>
- HCF(36, 90) = 2*2*3*3*5 = 180
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%
Answer:
Step-by-step explanation:
