Answer:
The preferred stockholders $10,000
Common stockholders $4,000
Explanation:
The cumulative effect of the preferred stock is that the holders are entitled to arrears of dividends, in other words, they would receive this year last year's dividends in addition to current year's.
annual preferred stock dividends=dividend per share*number of preferred stock.
annual preferred stock dividends=$5*1000=$5000
dividends for 2 years=$5000*2=$10,000
common stock dividends=$14,000-$10,000=$4000
Answer:
The correct answer is letter "B": Yellow dog contracts.
Explanation:
Yellow dog contracts are those provided by employers in which they and the new hires agree in employees not engaging any activity related to unions while they are under the company's payroll. Yellow dog contracts attempt to avoid the formation of labor unions so the organizations only will have the power in deciding employee benefits, compensations, and working conditions.
These types of contracts are considered illegal after the Norris-LaGuardia Act of 1932 was enacted.
Answer:
The correct answer is The covenant of warranty.
Explanation:
It is said that in this type of pact a public and peaceful possession must be written, which can be exercised so that it can be known by society. The possession of the property must be declared as continuous (that is, there can be no claim by the owner or the property is lost), and must be exercised as the legitimate owner before third parties.
Answer:
b
Explanation:
you negotiat the price you need and you have to pay them back also
Answer:
Price of Bond is 1,031.36
Explanation:
Step 1. Given information.
Par value $1.000
Issue to 19 year
Coupon rate 8.09%
Yield maturity 7.68%
Step 2. Formulas needed to solve the exercise.
Price of Bond = PV of Coupons+PV of Par Value
Step 3. Calculation.
Number of Periods =8*2 =16
Semi annual coupon =8.11%*1000/2 =40.55
Semi annual YTM =7.58%/2 =3.79%
Price of Bond =40.55*((1-(1+3.79%)^-16)/3.79%)+1000/(1+3.79%)^16 =1031.36
Step 4. Solution.
Price of Bond is 1,031.36
