Answer:
(a) $51.92
(b) She will face a loss of $7.66
Explanation:
(a) Market Value of Preferred Stock:
= Dividend ÷ Required Return
= $5.40 ÷ 10.4%
= $51.92
(b) If she sells the stock when the required return on similar-risk preferred stocks has risen to 12.2%.
Market value of the securities:
= $5.40 ÷ 12.2%
= $44.26
therefore,
Market value of the securities - Market Value of Preferred Stock
= $44.26 - $51.92
= $7.66
She will face a loss of $7.66
Please find article attached
Answer and Explanation:
1. East Asia
2. Economy of Europe
1. the article suggests countries near industrialized and rapidly growing economies tend to tap from the economic success of their neighboring countries just like west coast USA taps from East Asia rich economy
2. The economy of Europe if stagnating will in contrary cause stagnating growth to East Coast USA as opposed to the west which is closer to Asia
Easy.......................... money
Answer:
all manufacturing costs except direct labor and direct materials
Explanation:
Manufacturing or production/Factory costs are usually classified as direct or indirect.
Direct cost are those costs incurred that are directly linked to production.
This includes direct labour, direct material, etc.
Manufacturing overheads or indirect costs are costs incurred in the production process that may not be linked directly to the production of goods and services.