I believe the answer is: A) You own a home.
The 1040EZ is created to favour a more bare-bones return (for people who had no dependants i.e wife&kids and generally make under $ 100,000 a year). 1040 on the other hand, is a form that created to favour someone who typicall make more than $ 100,000 and own properties
Whether they might be legal or not
Answer:
The price of the stock today is $144.43.
Explanation:
The price of the preferred stock today can be calculated by using the zero growth model of the DDM. The zero growth model values the stock based on its constant dividend and required rate of return. As the stock will pay its first dividend 20 years from now, we will calculate the stock price at t = 19 and discount it back to today's value.
The price formula under zero growth model is,
P = D / r
P19 = 15 / 0.045
P 19 = $333.3333333
The price of the stock today is,
P0 = 333.3333333 / (1+0.045)^19
P0 = $144.43
