Answer:
1,212,723 shares
Explanation:
Given that,
Value of issuing preferred stock = $33,000,000
Discount rate = 11.87%
Dividend paid = $3.23
Price of preferred stock:
= Annual dividend ÷ discount rate
= $3.23 ÷ 0.1187
= $27.2115
Shares will they need to issue:
= Value of issuing preferred stock ÷ Price of preferred stock
= $33,000,000 ÷ $27.2115
= 1,212,723
A map from trade development commissions or chamber of commerce can help identify <em>major areas of commerce and location.</em>
Explanation:
Google map helps with location of building but will not give information about the commerce aspect of the building.
But since the Trade Development Commission has exclusive responsibility to provide that, then it will be more useful to identify major areas of commerce and their locations.
#learnwithbrainly
Answer:
The value of the investment at the time of his first deposit is $1,000.
At the end of the first year, the investment will be worth $1,070.
Explanation:
The value of a deposit investment is determined by the interest rate and time. Time affects the value of an investment by this small-scale businessman in many ways. The passage of time increases the value of his investment. However, the total increase may not be due to the interest rate, but inflation also affects asset's value. For this businessman to make a gain in the investment, the interest rate must be higher than the inflation rate. Otherwise, the investment loses money due to the effects of inflation, which reduces the real value of an asset over time.
Answer:
Left by $400; Left by $300
Explanation:
Given that,
Marginal propensity to consume, MPC = 0.75
Government spending multiplier = 4
(a) If the government decreases its purchases by $100 million, then the magnitude of the shift in aggregate demand curve is calculated by multiplying the change in government spending to the government spending multiplier.
Aggregate demand curve shift left by
= Change in government spending × Government spending multiplier
= $100 × 4
= $400 million
(b) If the government increases income taxes by $100 million, then the magnitude of the shift in aggregate demand curve is calculated by multiplying the change in taxes to the tax multiplier.
Tax multiplier:
= MPC ÷ (1 - MPC)
= 0.75 ÷ (1 - 0.75)
= 0.75 ÷ 0.25
= 3
Aggregate demand curve shift left by
= Change in taxes × Tax multiplier
= $100 × 3
= $300 million
Answer:
E
Explanation:
According to the history of America, by 1830 home manufacture had declined significantly due to increased industrial organization and advances in transportation.
