Answer:
Step-by-step explanation:
The last one
The answer would be 16 3/4 divided by 3 7/8
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:
x >-8
Step-by-step explanation:
22−2x<38
Subtract 22 from each side
22-22−2x<38-22
-2x < 16
Divide each side by -2, remembering to flip the inequality
-2x/-2 > 16/-2
x >-8
