Answer: 6
Step-by-step explanation: set the equations equal to each other then solve. plug that number into the equation for AB
7.6 - 5(k + 1.1) = 1.6
7.6 - 5(k + 1.1) - 7.6 = 1.6 - 7.6
-5(k +1.1) = -6
-5(k + 1.1) -6
-------------- = ---------
-5 -5
k + 1.1 = 6
-----
5
k + 1.1 - 1.1 = 6
----- - 1.1
5
k = 0.1
Answer:
Cubic feet = Length (3 1/3 feet) x Width (2 2/3 feet) x Height (2 1/3 feet)
Step-by-step explanation:
3 1/3 x 2 2/3 x 2 1/3 = approximately 20.74 cubic feet
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%