1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lady_Fox [76]
3 years ago
10

What is the yield to maturity (YTM) on a share of Six Flags B $1.81 preferred stock if an investor buys the stock at the followi

ng market prices? Assume dividends are paid annually.
Business
1 answer:
Roman55 [17]3 years ago
8 0

Answer:

Answer is given below.

Explanation:

Preferred stock yield = dividend/ stock price

a) dividend =$1.81 , stock price =$30

Preferred stock yield = $1.81/$30= 6.033%

b) dividend =$1.81 , stock price =$25

Preferred stock yield = $1.81/$25=7.24 %

You might be interested in
If earnings are expected to grow at a constant rate over time of 0.03 and investors' rate of discount is constant at 0.04, and i
Usimov [2.4K]

Answer:

The answer is $15,656

Explanation:

Formular: P = D * \frac{1 + g}{k - g}

P represent estimated stock price or value = ?

D represent last dividend paid = $152

k represent discount rate = 0.04

g represent growth rate = 0.03

Using the fomular above; P = $152 * \frac{1 + 0.03}{0.04 - 0.03}

P = $152 * \frac{1.03}{0.01}

P = $152 * 103 = $15,656

:. The fundamental value of the stock market would be $15,656

7 0
3 years ago
For an oil and gas limited partnership (LP), allowances in the form of deductions are allowed by the IRS to be taken to compensa
Triss [41]

Answer:

The allowance can be taken based on:

a reduction (production) of the oil and gas reserves.

Explanation:

A limited partnership's allowance for depletion is a special form of depreciation used to account for the gradual reduction in the value of natural resources based on their usage or consumption.  There are two methods for recognizing depletion of natural resources.  They are the cost depletion method, which is based on usage, and the percentage depletion method, which is a percentage of gross earnings.  Then, depletion is different from depreciation, in that depreciation is for tangible assets, while depletion is for natural assets.

3 0
3 years ago
How are old telephone logs, payroll records, minutes of practice management meetings, and canceled checks categorized?
Y_Kistochka [10]

They are categorized by confidential documents. Confidential documents is where documents are being classified or the data is access classified in which the data is sensitive or private and can’t be accessed easily because of the sensitive content that it contains.

8 0
3 years ago
A company issued 7%, 15-year bonds with a par value of $480,000 that pay interest semi-annually. The current market rate is 7%.
saul85 [17]
Im not 100% sure but i think the answer is B
7 0
3 years ago
The decline in unit costs of a product or service that occurs as the absolute volume of production increases is known as
leva [86]

Answer:

A. economies of scale.

Explanation:

The economies of scale is the scale where the company has the advantage of the cost that reaped by the organization in the case when there is an efficient production. It could be accomplished when the level of production or the volume of the production rises by lowering the cost

Therefore as per the given situation, the option A is correct as it fits to the current situation

Hence, the correct option is A.

4 0
3 years ago
Other questions:
  • A company's sales forecast would likely consider all of the following factors except:
    10·1 answer
  • A consulting firm submitted a bid for a large research project. The firm's management initially felt that they had a 50-50 chanc
    7·1 answer
  • Select all that apply. personal values for working include: feelings of accomplishment pride in effort global economy satisfacti
    6·2 answers
  • PLEASE HELP ASAP!!
    7·1 answer
  • Variance analysis Jack Joe, Inc. standard costing provided below. During 20x1, Jack Joe Inc. used 410,000 of raw materials to pr
    6·1 answer
  • The fair value of net identifiable assets of a reporting unit of Y Company is $270,000. The carrying value of the reporting unit
    11·1 answer
  • The Engine Division of MurphyMotor Corporation uses 5,000 carburetors per month in its production of automotive engines. It pres
    9·1 answer
  • C Corporation is investigating automating a process by purchasing a machine for $808,200 that would have a 9 year useful life an
    13·1 answer
  • Pizza is a product. As you have learned, services are marketed differently. Hypothesize about how the service at your restaurant
    6·1 answer
  • Differences in net operating income between super-variable and variable costing occur because of the treatment of ______ costs u
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!