Answer:
$10.42
Explanation:
The computation of the intrinsic value of this preferred stock using the DDM method is shown below:
= Annual dividend ÷ required rate of return
where,
The Annual dividend is $1.25
And, the required rate of return is 12%
Now placing these values to the above formula,
So, the intrinsic value of the preferred stock is
= $1.25 ÷ 0.12
= $10.42
Hence, the second option is correct
Payday loans typically have the highest interest rate. APEX
Answer:
The answer is B.) Mutual Funds on PLATO (:
Explanation:
Answer:
Fruits and vegetables are produced seasonally, but the market requires products throughout the year. For many decades, this problem of matching product availability with consumer demand was solved in two ways:
Selling fresh products during harvest and shortly thereafter
Processing the rest to meet demand during the rest of the year
Explanation:
