Answer:
x= -3
Step-by-step explanation:
Distribute 4(2-4x) which leaves you with 8-16x-3x=65
combine the like terms which leaves you with 8-19x=65
subtract 8 from both sides 8-19x-8=65-8 which leaves you with -19x=57
lastly divide -19 from both sides which leaves you with x= -3
Answer:
5x^2-12x-2
Step-by-step explanation:
Use distributive property, then add like terms. See file below for steps.
Answer:
The cost of Ningbo Shipping Preferred stock is 12.40%
Step-by-step explanation:
In this question, we are asked to calculate the cost of Ningbo shipping Preferred stock.
To calculate this, we make use of the following mathematical relation;
The cost preferred stock Kp = Annual dividends/ Issued price-Cost of Issuing
From the question, we identify the following;
Issued price = $125
Annual dividend = $15
Cost of Issuing = $4
Inserting these into the formula we have;
Kp = $15/$125 - $4 = 12.40%
This means that Cost of Ningbo shipping preferred stock is 12.40%
