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Deffense [45]
3 years ago
5

Edinburgh Exports pays an annual dividend rate of 8.00% on its preferred stock that currently returns 10.72% and has a par value

of $100.00 per share. What is the value of Edinburgh’s preferred stock?
Business
1 answer:
Elena-2011 [213]3 years ago
3 0

Answer:

The value of Edinburgh’s preferred stock is $74.63

Explanation:

Preferred dividend are the fix amount payment which represents the perpetuity, the company can repurchase the preferred share as it is callable.

Dividend = $100 x 8% = $8

Price of Preferred Share = Dividend / Rate of return

Price of Preferred Share = $8 / 10.72%

Price of Preferred Share = $8 / 0.1072

Price of Preferred Share = $74.63

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Sinking fund bonds: Multiple Choice Require equal payments of both principal and interest over the life of the bond issue. Requi
alexandr1967 [171]

Require the issuer to set aside assets to pay bonds at maturity.

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<h3>What is Sinking Fund Bond ?</h3>

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Discuss the intellectual debates by contemporary scholars surrounding issues of development​
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Answer:

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They also talk about sequential development stages with age that cause emergence of certain skills in all individuals. They also talk about various theories such as cognitive theory, developmental theory, Psychoanalytic Theories, Abnormal Behavior vs. Differences etc.

Explanation:

Intellectual scholar discuss the issues of development​ as something arising out of differences between the nature and nurturing given to an individual. They also talk about relative importance of early experiences versus experiences occurring at a  later stage  in life.

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