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Darya [45]
3 years ago
8

E-Eyes has a new issue of preferred stock it calls 20/20 preferred. The stock will pay a $20 dividend per year, but the first di

vidend will not be paid until 20 years from today. If you require a return of 8 percent on this stock, how much should you pay today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Current stock price
Business
1 answer:
Aloiza [94]3 years ago
7 0

The value of current stock price is equal to $57.93

<u>Explanation:</u>

Given dividend = $20 per year

The calculation of current stock price is as follows:

The Stock price at the beginning of 20th year is equal to = $20 divided by 8 percent = 250

Current stock price ( present value ) = \mathrm{FV} /(1+\mathrm{r})^{\wedge} \mathrm{n}

=\$ 250 /(1+0.08) \wedge 19

After calculating, we get, 57.92801

Therefore, the value of current stock price is equal to $57.93 (rounded off to 2 decimal places).

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please someone should help me.....how do we solve the square root of x +8 plus the square root of x+1 equals 7.....note the ques
lilavasa [31]

Answer:

(√x+ 8) +(√x+1 )=7 square both sides

x+8+x+1=49

2x+9=49

2x=49-9

2x/2=40/2

x=20

6 0
3 years ago
Why is it important for Arnold Palmer Hospital to get a patient’s
dedylja [7]

1. Why is it important for Arnold Palmer Hospital to get a patient’s  assessment of health care quality?

Arnold Palmer Hospital is a big hospital in the U.S. that can accommodate many patients. Even though it caters to many patients, it tries to maintain a good level of service care to every individual. This is mainly done through the patient's assessment of health care quality. With this, <em>the hospital is able to know which areas the patient feels uncomfortable</em> and <em>what improvements in the service they need to address.</em> Since the hospital is focused on the patient, the staffs are trained in order to provide the highest possible quality care.

2. Does the patient have the expertise to judge the health care he or she receives?

Every patient is unique and according to the Arnold Palmer Hospital, every patient has the ability to judge the health care he or she receives. The surrounding in the hospital is patient-focused, so it is just normal that they put a priority on the patient's feedback. This will also allow the hospital to improve the quality of care that is expected from them.

6 0
3 years ago
Help!<br> What is an endorsement?
Annette [7]

Answer:

A signature on the back of a check

5 0
3 years ago
Seedstock producers are cow/calf producers who produce _________ for purebred or commercial operations.
saw5 [17]

Answer:

Breeding stock.

Explanation:

Seedstock producers are cow/calf producers who produce breeding stock for purebred or commercial operations.

This ultimately implies that, seedstock producers are individuals who are saddled with the responsibility producing cow/calf by making the breeding stock available for other livestock farmers. Thus, the breeding stock are the primary calves that are used for producing cattles in large quantities.

5 0
3 years ago
A dealer buys 10,000 shares of ABC common at $20 for its inventory. One week later the stock is quoted at $22 - $23, and a custo
VashaNatasha [74]

Answer:

$22

Explanation:

According to the FINRA 5% Policy the mark-down if the customer sell must always be calculated from the inside bid price which is here $22 and if the customer is a buyer then the mark-up must be calculated using the inside ask price which is here $23. As the customer here is seller, hence the inside bid price $22 was appropriate here according to the FINRA 5% policy.

FINRA 5% policy says that the broker can not charge commissions, or markups or markdowns which is more than 5% on standard trades.

So the commission of $2 ($23-$21) is not allowed under this rule hence the appropriate price for the stock must be $22 not $21.

6 0
4 years ago
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