4, 8, and 3 must all go into the number. find the LCM(4,8) is 8. the LCM(8,3) is 24. that's your answer, 24
Answer:
A
Step-by-step explanation:
Find the slope using rise/run
This gets you -5/4
Find the y intercept, which is at (0, 3)
This means the equation will be:
y = -5/4x + 3
The percentage of 7717 is 129.8%
Answer:
6.5%
Step-by-step explanation:
The formular used to calculate the cost of preferred stock is:
= Fixed dividend/Net proceeds
Fixed dividend= $50 × 8/100
= $50×0.08
=$4
Net proceeds= Market price-Flotation costs
= $65-(6/100×$65)
= $65-(0.06×$65)
= $65-3.9
= $61.1
Therefore cost of preferred stock is
= 4/61.1 ×100
= 0.065×100
= 6.5%
Hence the cost of preferred stock is 6.5%
