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Anni [7]
2 years ago
14

zylo inc preferred stock pays a 7.50 annual dividend. What is the maximum price you are willing to pay for one share of this sto

ck todya is your required return is 9.75
Business
1 answer:
lana [24]2 years ago
6 0

Answer: $76.92

Explanation:

From the question, Zylo inc preferred stock pays a 7.50 annual dividend, the maximum price that will be willing to be paid for one share of this stock today if the required return is 9.75% will be calculated as:

= Dividend / Required return

= $7.50 / 9.75%

= $7.50/0.0975

= $76.92

The maximum price willing to be paid is $76.92.

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$ 7,012.50

Explanation:

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6 0
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8 0
2 years ago
Which of the following would a joiner typically not use?<br><br> saw<br> glue<br> wood<br> screws
n200080 [17]
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6 0
3 years ago
Read 2 more answers
Luke Anderson is earning $48,000 a year in a city located in the Midwest. He is interviewing for a position in a city with a cos
Kitty [74]

The minimum requirement of salary = $53760

<u>Explanation:</u>

Cost of living in city is 12 percent higher than where Luke Anderson lives. So, Luke Anderson will require 12 percent higher salary than existing salary in order to maintain the existing standard of living

<u>The calculations are as follows. </u>

Current salary of Luke Anderson = $48000

12 percent increase = 48000 multiply with 12 percent = 5760

Thus, the required minimum salary = 48000+ 5760 = 53760

So, Luke Anderson will require minimum salary of $53760

4 0
3 years ago
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evablogger [386]

Answer:

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