The price at which the stock should sell is $61.54.
Using this formula
Stock selling price=Preferred stock annual dividend/Preferred stock required return
Where:
Preferred stock annual dividend=$4.00 per share
Preferred stock required return=6.5% or 0.065
Let plug in the formula
Stock selling price=$4.00/0.065
Stock selling price=$61.538
Stock selling price=$61.54 (Approximately)
Inconclusion the price at which the stock should sell is $61.54.
Learn more here:
brainly.com/question/15561609
Answer:
third
Explanation:
The utility for consuming the first donut is 9 utils.
The utility for consuming the second donut is the difference from the total utility for the first two and just the first donut.
The utility for consuming the third donut is the difference from the total utility for the first three and just the first two donuts.
The utility for consuming the fourth donut is the difference from the total utility for the first four and just the first three donuts.
Since the utility for the 4th donut is less than the utility for the 3rd donut, utility begins to diminish after consuming the third donut.
In order to achieve solid business strategy in the leadership plan, the three goals the leadership plan includes are attracting new customers, increasing revenue, and decreasing cost price.
The three main goals in order to achieve solid business strategy in the leadership plan are targeting and attracting new customers, decreasing the cost price of goods or services being offered, and increasing the revenue.
The detail of these goals is given below:
- Attracting new customers is considered an important leadership goal as it increases market share and promotes competition with other brands. New customers are important in terms of sales. It is needed for a business to grow.
- Increasing revenue It is considered an important leadership goal because the basic purpose of every business is to earn profit. More growth means more profit. If an organization will be able to increase its revenue it will be able to maximize its profit.
- Decreasing cost price It is considered an important leadership objective because if the sale remains same then the company will earn more profit. The cost is linked directly with profitability. More profit means more growth of the company.
Therefore attracting new customers, increasing sales of product and services offered and decreasing cost are considered three goals that a leadership plan must include to achieve business strategy.
You can learn more about business strategy at
brainly.com/question/8192142
#SPJ4
Answer:
Treaty of Versailles
Explanation:
The terms which caused the most resentment in Germany were the loss of territory, the war guilt placed solely on Germany, the deliberate effacement of the German military and the demands of reparations.
Answered by NONE other than the ONE & ONLY #QUEEN herself aka #DRIPPQUEENMO!!!
HOPE THIS HELPED!!
