Answer:
- 1/4
Step-by-step explanation:
Where you see X, substitute with 1/3
Solve the power/exponent first:
6(1/3) = 2
That is ; - 4(1/4)^2
Solve the parenthesis:
(1/4)^2 = 1/16
-4(1/16)
= - 1/4
Answer:
The answer is incorrect; the plus sign should be a minus sign (apex)
Step-by-step explanation:
The correct answer is D. An Entrepreneur.
I hope this helps. :)
And have a great day.
Answer:
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Step-by-step explanation:
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%
