Answer: 8.05%
Explanation:
From the question, we are informed that Holdup bank has an issue of prefered stock witha stated dividend of $7 that just sold for $87 per share.
The banks cost of prefered will be:
= Dividend / Stock value
= 7/87
= 0.0805
= 8.05%
Answer: Choice A
Explanation:
A mixed cost is a cost that consists of both the fixed and the variable component. An example is utility.
It should be noted that as the level of activity increases, the mixed cost in total will increase while mixed cost per unit will reduce. This is because there'll be an increase in unit which will ideally lead to reduction in the per unit while total mixed cost increase.
Answer:
size of the initial investment $500000
Explanation:
given data
principal = $30000
rate = 6% = 0.06
solution
we get here present value that is express as here
present value = .............1
put her value we get
present value =
present value =
present value = $500000
The elasticity of supply can be calculated using the formula:
Elasticity = [(Q2 – Q1) / ((Q2 + Q1) / 2)] / [(P2 – P1) /
((P2 + P1) / 2)]
or in simpler terms: Elasticity =(ΔQ / Qave) / (ΔP / Pave)
Where Q and P are the quantity and price respectively
We are given that:
<span>P1 = $2.5 Q1
= 1,800 tons</span>
<span>P2 = $2 Q2
= 900 tons</span>
Substituting the given values into the equation:
Elasticity = [(900 – 1800) / ((900 + 1800) / 2)] / [(2 – 2.5)
/ ((2 + 2.5) / 2)]
Elasticity = (-900 / 1350) / (-0.5 / 2.25)
Elasticity = 3.0
<span>Since elasticity is positive, the supply is directly
proportional to the price.</span>