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Rama09 [41]
3 years ago
8

Kyle is raising funds for his company by selling preferred stock. The preferred stock has a par value of ​$122 and a dividend ra

te of 6.5​%. The stock is selling for ​$84.39 in the market. Kyle hires Wilson Investment Bankers to sell the preferred stock. Wilson charges a fee of 1​% on the sale of preferred stock. What is the cost of preferred stock for Kyle using the investment​ banker?
Mathematics
1 answer:
kirza4 [7]3 years ago
6 0

no i think your answer is 9082

You might be interested in
2(6.75)+1.03+3S=22 therefore 3S = 14.53 divide by 3 so S equals 4.84 per pair of socks
Dovator [93]

Answer:

each pair of socks cost $2.49

Step-by-step explanation:

Eric spent $22.00, including sales tax on 2 jerseys and 3 pairs of socks. The jerseys cost $6.75 each and the total sales tax was $1.03. How much did each pair of socks cost?

Solution:

The total money spent was $22.00. 2 jerseys costing $6.75 each was bought, the total tax was $1.03. 3 pairs of socks was bought, Let S represent the cost for each pair of socks. The total money spent is the sum of the money spent on jersey, socks and tax. Hence:

2(6.75) + 3S + 1.03 = 22

13.5 + 3S + 1.03 = 22

14.53 + 3S = 22

3S = 22 - 14.53

3S = 7.47

S = 2.49

Hence each pair of socks cost $2.49

8 0
2 years ago
Kersha has two jobs. During the day she works as an office clerk, and in the evening she works as a cashier. Her office job pays
aliya0001 [1]
Use a number line to help, or a tape diagram.
5 0
3 years ago
The proof that point (1,root 3) lies on the circle that is centered at the origin and contains the point (0,2) is found in the t
AURORKA [14]
<h2>Answer:</h2>

D. Distance formula

<h2>Step-by-step explanation:</h2>

The \ \mathbf{distance} \ d \ between \ the \ \mathbf{points} \ (x_{1},y_{1}) \ and \ (x_{2},y_{2}) \ in \ the \ plane \ is:\\ \\ d=\sqrt{(x_{2}-x_{1})^2+(y_{2}-y_{1})^2}

As in the statement:

<em>The distance form</em> (0,0) to (0,2) is \sqrt{(0-0)^2+(2-0)^2}=\sqrt{2^2}=2 <em>whose justification is the </em><em>Distance Formula. </em>

<em />

Here in this statement the justification is also the Distance Fromula, so we take the distance from (0,0) \ to \ (1,\sqrt{2}) whose result is also 2 and is the radius of the circle.

3 0
3 years ago
Read 2 more answers
Martin sorted the bolts in his toolbox by size they measured 3/8in 1/2in 5/8in 7/8in 1 4/8in what is the difference in length be
blsea [12.9K]
The longest bolt is 1 4/8 inches, and the shortest bolt is 3/8 inch.

Subtract 3/8 from 1 4/8 to get 1 1/8 inch difference.
5 0
2 years ago
I desperately need help !
Lorico [155]

Answer:

t = 9.57

Step-by-step explanation:

We can use trig functions to solve for the t

Recall the 3 main trig ratios

Sin = opposite / hypotenuse

Cos = adjacent / hypotenuse

Tan = opposite / adjacent.

( note hypotenuse = longest side , opposite = side opposite of angle and adjacent = other side )

We are given an angle as well as its opposite side length ( which has a measure of 18 ) and we need to find its adjacent "t"

When dealing with the opposite and adjacent we use trig ratio tan.

Tan = opp / adj

angle measure = 62 , opposite side length = 18 and adjacent = t

Tan(62) = 18/t

we now solve for t

Tan(62) = 18/t

multiply both sides by t

Tan(62)t = 18

divide both sides by tan(62)

t = 18/tan(62)

t = 9.57

And we are done!

3 0
2 years ago
Read 2 more answers
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