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4 years ago

Preferred stock may have priority over common stock except in

Business

1 answer:

Tpy6a [65]4 years ago

5 0

Answer:

Voting

Explanation:

Although There are several differences between preferred and common stock. They have a main difference and the difference lies in the fact that preferred stock withdraws from the shareholders the rights to vote. But common stock gives a right to vote, and it is usually at one vote per owned share. If company is to elect a board of directors, preferred stock have no rights to vote.

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Select the sentence that is completely correct. Group of answer choices Todd is unsure of whether he should except the position

goldenfox [79]

Answer:

The completely correct sentence is:

Todd is unsure of whether he should accept the position or go in to business himself.

Explanation:

The adjective unsure goes with the preposition, 'of' to indicate what the subject is not certain of. Option 1 with 'except' is completely wrong. It is not the correct verb form of the word. Some people, however, omit the preposition, 'of,' but this is not completely correct.

6 0

3 years ago

Sam runs a red light and has an accident. He is sued. Sam contacts the only eyewitness, Curtis, and offers him $1000 if he does

Flura [38]

Answer:

Explanation:

Well he did what was asked on the contract so Sam should pay and therefore yes he can enforce the contract

4 0

3 years ago

Sylvia Corporation's last trade was $29.77 and its previous quiz was $28.35. What is the percentage change in stock price?

zaharov [31]

P= percent change

The new number is lower than the original, so we need to use a % decrease formula.

P=[(original#-new#) ÷ original #] x 100

P= [(29.77-28.35)/29.77] x 100
P= (1.42/29.77) x 100
P= 0.047747 x 100
P= 4.77% decrease

Hope this helps! :)

3 0

4 years ago

Consider a 11-period binomial model with R=1.02R=1.02, S_0 = 100S 0 =100, u=1/d= 1.05u=1/d=1.05. Compute the value of a Europe

____ [38]

Answer: 1.76

Explanation:

Given the following :

R=1.02,

S0 = 100

u=1/d= 1.05

Strike(k) = 102

Total Payoff = (probability of upside × upside Payoff) + (probability of downside × downside Payoff)

Upside Price = u × S0 = 1.05 × 100 = 105

downside Price = S0/u = 100/1.05 = 95.24

Upside Payoff = upside price - strike rate =(105 - 102) = 3

Upside probability :

[e^(r - q) - d] / u - d

E = exponential, q = Dividend (Dividend is 0, since the stock does not pay dividend)

d = 1/d = 1/1.05 = 0.9523809

e = 2.7182818

[2.7182818^(1.02% - 0) - 0.9523809] / (1.05 - 0.9523809)

[1.0102521 - 0.9523809] / 0.0976191

0.0578712 / 0.0976191

= 0.5928266

Probability of downside = 1 - p(upside)

P(downside) = 1 - 0.5928266

P(downside) = 0.4071733

Therefore, total Payoff =

(0.5928266 × 3) + (0.4071733 × 0)

= 1.7784798

European. Call option:

Total Payoff / (1 + r%)

1.7784798 / (1 + 1.02%)

=1.7784798/ (1 + 0.0102)

= 1.7784798 / 1.0102

= 1.7605224

= 1.76

4 0

3 years ago

Sugar Corp has a selling price of $25, variable costs of $10 per unit, and fixed costs of $30,000. Maple expects profit of $305,

Dima020 [189]

Answer:

Profits will be $22.495 higher.

Explanation:

Profit is the difference between sales and cost

Profit= price* sales -((Variable cost * sales) +Fixed cost)

First we have to get the sales when we have $305,000 of profit.

Profit -Fixed cost= price* sales -(Variable cost * sales)

Profit -Fixed cost= (price -Variable cost) * sales

(Profit -Fixed cost)/(price -Variable cost) = sales

Sales=(Profit -Fixed cost)/(price -Variable cost)

Sales=(305,000 -30,000)/(25 -10)

Sales=275,000/15=18.333

If Sugar sells 5,500 units more than expected

Then, new sales are:

Sales=18.333+5,500=23.833

Profit= price* sales -((Variable cost * sales) +Fixed cost)

Profit²= 25* 23833 -((10 * 23833) +30000) =327.495‬

Improvement= Profit -Profit²=$305,000-327.495‬= $22.495

4 0

4 years ago

Read 2 more answers