The answer that you are looking for is true
Answer:
11.20%, 16.80%
Explanation:
Purchase Price 
= $16
Year 1 end closing price 
= $18
Capital Gain Yield for the first year = 
= 
= 12.5%
Capital Gain Yield for the second year = 
= 11.11%
Capital gain yield for the third year = 
= 10%
Average annual capital gain yield = 
= 11.20% approx
Dividend yield for first year = 
= 
= 6.25%
Dividend yield for the second year = 
= 
= 5.55%
Dividend yield for the third year = 
= 
= 5%
Average Annual Yield = 
= 
= 16.80%
An increase in the excise tax on cigarettes raises the price of cigarettes by shifting the demand curve for cigarettes leftward.
<h3>What is the effect of an increase in excise tax?</h3>
When the excise tax is increased, it would become more expensive to purchase cigarettes. This would discourage consumers from purchasing cigarettes.
This would affect the demand for cigarettes. Thus, the demand curve would be affected. The demand curve is a graph that shows the relationship between price and quantity demanded. When there is a decrease in demand, the demand curve would shift to the left.
Here are the options:
demand curve for cigarettes rightward.
-demand curve for cigarettes leftward.
-supply curve for cigarettes rightward.
-supply curve for cigarettes leftward.
To learn more about the demand curve, please check: brainly.com/question/25140811
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Answer:A sales message is the central persuasive message that intrigues, informs, persuades, calls to action, and closes the sale. ... Sales messages are often discussed in terms of reason versus emotion. Every message has elements of ethos, or credibility; pathos, or passion and enthusiasm; and logos, or logic and reason and the four parts of successful persuasive messages? gain attention, build interest, reduce resistance, and motivate action and Sales messages are often discussed in terms of reason versus emotion. Every message has elements of ethos, or credibility; pathos, or passion and enthusiasm
Explanation:
Answer: 11.2%
Explanation:
Here is the completed question:
berkshire hathaway a corporation, owns Goldman Sachs preferred stock with a 12 dividend yield. What is Berthshire Hathaway's after-tax dividend yield on this preferred stock if their marginal tax rate is 21%?
The dividend yield that's not subject to tax will be:
= 12% × 70%
= 0.12 × 0.7
= 0.084
The dividend yield that's subject to tax will be:
= 12% × 30% × (1 - 21%)
= 0.12 × 0.3 × 0.79
= 0.02844
Berthshire Hathaway's after-tax dividend yield will now be:
= 0.084 - 0.02844
= 0.11244
= 11.2%
