$\bf \textit{arc's length}\\\\
s=rw\qquad 
\begin{cases}
r=radius\\
w=\textit{angular speed}
\end{cases}\qquad w=\cfrac{50 rev}{min}\cdot \cfrac{2\pi }{rev}
\\\\\\
w=\cfrac{100\pi }{min}\qquad s=80in\cdot \cfrac{100\pi }{min}\implies s=\cfrac{8000\pi\ in}{min}\\\\
-------------------------------\\\\
\textit{now to convert it to miles/hr}
\\\\\\
\cfrac{8000\pi\ in}{min}\cdot \cfrac{ft}{12in}\cdot \cfrac{mile}{5280ft}\cdot \cfrac{60min}{hr}\implies \cfrac{8000\pi \cdot 60\ in}{12\cdot 5280\ hr}$

3 0

3 years ago

Ningbo Shipping has issued preferred stock at its $125 per share par value. The stock will pay a $15 annual dividend. The cost o

katen-ka-za [31]

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%

5 0

3 years ago