Answer:
$ 35.38
Step-by-step explanation:
Given data:
Annual dividend per share = $ 2.30
Required return on the preferred stock = 6.5 %
Thus,
Selling price of the preferred stock
= Annual dividend per share / Required return on the preferred stock
on substituting the respective values, we get
Selling price of the preferred stock = $ 2.30 / 6.5% = $ 2.30 / 0.065
or
Selling price of the preferred stock = $ 35.38
Answer:
b
Step-by-step explanation:
Answer:
whats the choses ?????
Step-by-step explanation:
Answer:
3/25
Step-by-step explanation:
This is because when you divide 12/100 and simplify. All you need to focus on is that there are 100 tiles and twelve of them are with the letter E the simplify from there. all the other information is just there to distract you.
Answer:
So all you need to do is find 5% of 13000 which is 650.
Now 650 times 11= 7150
13000+ 7150=
20,150
