The amount in interest is specified in the policy and compounds annually
Answer:
Answer:
Dividend (D) = 4% x $100 = $4
Current market price (Po) = $18
Flotation cost (FC) = $1.50
Tax rate (T) = 40% = 0.40
Kp = <u> D
</u>
Po-FC
Kp = <u> $4
</u>
$18-$1.50
Kp = <u>$4
</u>
$16.5
Kp = 0.24 = 24%
Explanation:
Cost of preferred stock equals dividend divided by the difference between current market price and flotation cost. Cost of preferred stock is not tax deductible.
Because it is very easy to spend money that you do not have by using a credit card. Most think they can pay it off the following month, but that rarely happens.
All of them are good options, but I would say that D would be the most practical. This is because you’re able to find a large amount of information about a product and view its uses in your situation without paying the cost of the actual product itself.
A compromise, or settlement agreement, that arises out of a genuine dispute over the obligations under an existing contract will be recognized at law. The agreement will be substituted as a new contract when there is <span>the agreement by the parties to the new contract </span>and will either expressly revoke and discharge the obligations under the prior contract. It does not require the intervention of the law.
