Answer:
15.18%
Explanation:
Cost of preferred stock = Annual dividend/Net Proceeds
Cost of preferred stock = $5 / $32.93
Cost of preferred stock = 0.1518372305
Cost of preferred stock = 15.18%
So, the cost of preferred stock for BGE is 15.18%.
Answer:
It will take 18.041 years to triple the investment.
Explanation:
We need to solve for delta:
![\delta = \sqrt[11.5530]{2} -1](https://tex.z-dn.net/?f=%5Cdelta%20%3D%20%5Csqrt%5B11.5530%5D%7B2%7D%20-1)
delta = 0.06183353
now solve for this rate compounding twice per year to triple the investment:
we use logarithmics properties and solve for n:
[tex]2 \times n= \frac{log3}{log(1+06183353/2)
n = 18.04051743
It will take 18.041 years to triple the investment.
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Units to be produced in February is calculated as -
Units to be produced in February = February sales + Ending inventory of February - Beginning inventory
February sales = 4,600 units
Ending inventory = 25 % * Sales of March = 25 % * 5,300 units = 1,325 units
Beginning inventory - 25 % * Sales of February = 25 % * 4,600 unit = 1,150 units
Units to be produced in February = 4,600 units + 1,325 units - 1,150 units
Units to be produced in February = 4,775 units
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Answer: Daily, because your money will have more money have interest on it. For example if 5$ is compounded annually and you get 1.3% a year, then you will get 5.013$ at the end of the year. But if it is compounded daily, at the end of the year you will have 5.07$ which is a lot more.
Explanation:
I hope this helped!
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- Zack Slocum
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