Answer:
$ 35.38
Step-by-step explanation:
Given data:
Annual dividend per share = $ 2.30
Required return on the preferred stock = 6.5 %
Thus,
Selling price of the preferred stock
= Annual dividend per share / Required return on the preferred stock
on substituting the respective values, we get
Selling price of the preferred stock = $ 2.30 / 6.5% = $ 2.30 / 0.065
or
Selling price of the preferred stock = $ 35.38
Answer: 3.50
Step-by-step explanation:
-k^2 - (3k - 5n) + 4n....when k = -1 and n = -2
-1^2 - (3(-1) - 5(-2) + 4(-2)
1 - (-3 + 10) + 4(-2)
1 - 7 - 8
-14 <=
Answer:
I have no clue. I think it is -0.40 if I remember correctly.
