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
RideAnS [48]
3 years ago
11

Smiling Elephant, Inc., has an issue of preferred stock outstanding that pays a $6.40 dividend every year, in perpetuity. If thi

s issue currently sells for $80.80 per share, what is the required return
Business
1 answer:
PilotLPTM [1.2K]3 years ago
7 0

Answer:

The required return is 7.92%

Explanation:

Required return is defined as the minimum return which the investor expects to accomplish through investing in the project.

The required return would be computed as:

Required return = Dividend paid each year / Selling price per share

where

Dividend paid each year is $6,40

Selling price per share amounts to 480.80 per share

Putting the values above:

Required return = $6.40 / $80.80

Required return = 7.92%

You might be interested in
A blind help-wanted ad is usually for door-to-door salespeople. <br> True or False
qwelly [4]
Answer: False

It seems very unlikely that a blind person would go door to door to ask for help.
8 0
3 years ago
Why are the incentives of a supplier the opposite of the incentives of a demander
antiseptic1488 [7]

Answer:

The incentives of a supplier are the opposite of the incentives of a demander because it is a relationship whose nature makes supply and demand inversely proportional to each other: the higher the supply, the lower the demand for each product and the lower its price; While the lower the supply, the greater the demand for each product and the higher its price. Thus, in many cases, suppliers seek to restrict supply to maximize profits, while demanders seek to lower prices through a greater quantity of goods offered.

4 0
3 years ago
Ou are new. your manager is giving you lots of instructions for tasks she wants done. she is speaking so quickly and telling you
mars1129 [50]
I would do the things I remember. and next time I will secretly record it
7 0
3 years ago
Where does Hewitt’s leadership fall on the Managerial Grid discussed in the chapter? (5 marks) (b) What deficiencies or shortcom
nikdorinn [45]

Answer:

The Hewitt's leadership falls on the the Middle of Road Management, which is carefully assessed, realistic and in turn creates a balance between concerns for people and production.

The shortcomings of this leadership are, Failure to motivate and inspire people, lack of passion and enthusiasm, Inability to keep workers.

Explanation:

Solution:

(a) The leadership of Hewitt fall towards the Middle of Road Management at 5,5 points, as it is well realistic, carefully assessed or adjusted, and satisfies the concerns for the people and production.

(b) The shortcomings or defaults discovered in Hewitt's Leadership is stated as follows:

  • The failure to motivate and inspire people
  • The Inability to retain employees or workers
  • The lack of passion and willingness or zeal
  • The lack of appreciation on employee or individual
5 0
3 years ago
On this graph, the equilibrium point occurs at which price? $6 $9 $12 $15.
bezimeni [28]

Answer:

the pattern is 3 dollars

5 0
2 years ago
Read 2 more answers
Other questions:
  • The property appraisal district for Marin County has just installed new software to track residential market values for property
    11·1 answer
  • If the date is april 21, what zodiac constellation will be visible on your meridian at midnight?
    8·1 answer
  • Eagle Corporation solicited bids for various parts it uses in the manufacture of jet engines. Eagle received six offers and sele
    11·1 answer
  • You know that firm XYZ is very poorly run. On a scale of 1 (worst) to 10 (best), you would give it a score of 3. The market cons
    9·1 answer
  • Delores Bierlein paid a $200 deposit toward the rental of the Silver Room at Alex's Continental Inn for her wedding reception. L
    8·2 answers
  • If a firm is following the cost leadership strategy, and overhead accounts are complex, then the: Firm should attempt to collect
    11·1 answer
  • State and explain the importance of marketing in small business ​
    13·1 answer
  • 1.2 Which of the following is not a nominal account?
    6·1 answer
  • Bruce borrowed $1,000 for his trip. If bruce waits for five years to begin paying back his loan, how much will he owe?.
    7·1 answer
  • What is one key difference between payday loans and title loans?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!