The cost was $1.15 billion
Answer: I) provides extra protection to bondholders as both an early warning system and perhaps some collateral cash
II) ) provides an option to the firm to buy bonds at the lower of market or face value.
Explanation:
A sinking fund is typically an amount of money that is being set aside by a company in order to either pay a bind or pay off a particular debt that the company has incurred.
The effect of the sinking bond on bondholders is that it provides extra protection to bondholders as both an early warning system and perhaps some collateral cash and tabt is also provides an option to the firm to buy bonds at the lower of market or face value.
Therefore, option I and II are correct.
Answer:
$68.23
Explanation:
In this question, we apply the dividend growth rate model which is shown below:
The computation of the current share price is shown below:
= (Current year dividend) ÷ (Rate of return on company stock - growth rate)
= ($4.23) ÷ (10.6% - 4.4%)
= ($4.23) ÷ (6.2%)
= $68.23
We simply find out the ratio between the current year dividend per share and difference between the rate of return and the growth rate
The form of departmentalisation that the construction company responsible for building the taxi rank followed was <u>product departmentalization</u><u>.</u>
Product departmentalization is peculiar to a bug company that deals with multi-products. Construction company may be responsible for taxis, trucks or buses. Construction company responsible for taxi rank in this case grouped all the activities related to the taxis in a specific department.
Product departmentalization becomes vital when producing, marketing, and handling of every product hold certain importance for the company. It requires the company to ensure specialized production facilities.
<h3>What is departmentalization?</h3>
Departmentalization is an establishment structure that divides people into groups, or departments, based on certain sets of criteria. These departments have their own leadership and work together to complete tasks.
Therefore, the correct answer is as given above
learn more about departmentalization: brainly.com/question/6229273
#SPJ1