Answer:
6.5%
Step-by-step explanation:
The formular used to calculate the cost of preferred stock is:
= Fixed dividend/Net proceeds
Fixed dividend= $50 × 8/100
= $50×0.08
=$4
Net proceeds= Market price-Flotation costs
= $65-(6/100×$65)
= $65-(0.06×$65)
= $65-3.9
= $61.1
Therefore cost of preferred stock is
= 4/61.1 ×100
= 0.065×100
= 6.5%
Hence the cost of preferred stock is 6.5%
Answer:
The common ratio is
Step-by-step explanation:
To find the common ratio in a geometric sequence divide the next term by the previous term
That's
The first term is 3 and the next term is 4
so the common ratio will be
<h2>3/4</h2>
Hope this helps you.
Answer:
-150
Step-by-step explanation:
x^2 - 7x^2 - 18x +42
3^2 - 7(3)^2 - 18(3) + 42
9 - 63 - 54 + 42
-54 -54 + 42
-108 + 42
-150
Answer:
A = 2 1/2 ft^2
Step-by-step explanation:
The area of a rectangle is given by
A = l*w
A = 3 * 5/6
A = 5/2 ft^2
A = 2 1/2 ft^2
Using the Pythagorean Theorem, you should get 45 [9 + 36]. Then, take the square root of 45 and simplify it to 3√5.
