Answer:
The cost of Ningbo Shipping Preferred stock is 12.40%
Step-by-step explanation:
In this question, we are asked to calculate the cost of Ningbo shipping Preferred stock.
To calculate this, we make use of the following mathematical relation;
The cost preferred stock Kp = Annual dividends/ Issued price-Cost of Issuing
From the question, we identify the following;
Issued price = $125
Annual dividend = $15
Cost of Issuing = $4
Inserting these into the formula we have;
Kp = $15/$125 - $4 = 12.40%
This means that Cost of Ningbo shipping preferred stock is 12.40%
Answer:
twelve
Step-by-step explanation:
(2,17) and (-1,-4)
I already learned this so I think this is the answer
Answer:
1.17 x 10^2
Step-by-step explanation:
Im pretty sure its right
Answer:
Yeah! Well 4 as a percentage would be 0.04 because 4% is 0.04.
Step-by-step explanation:
When you multiply a number times 100 (100%) you move the decimal place 2 places to the <em>left</em>. When you multiply a number times 10 you move the decimal place 1 place to the <em>left.</em> Just think that 100 has 2 0's in it so move that much to the <em>left.</em>
Hope this helps!