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Novay_Z [31]
3 years ago
10

Test Tech has preferred stock outstanding that pays an $10.85 annual dividend. It price is $125. What is the required rate of re

turn on the preferred stock
Business
1 answer:
Viefleur [7K]3 years ago
3 0

Answer:

8.7%

Explanation:

Calculation to determine the required rate of return on the preferred stock

Using this formula

Required rate of return=Annual dividend/Price

Let plug in the formula

Required rate of return=$10.85/$125

Required rate of return=0.087*100

Required rate of return=8.7%

Therefore the required rate of return on the preferred stock is 8.7%

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Answer:

-0.136 and $528

Explanation:

Given that

p = 50 - 0.5Q

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So, p equals to

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= 50 - 44

= $6  

As it is mentioned that

p = 50 - 0.5Q

0.5Q = 50 - p

Q = 100 - 2p

And we know that

Price elasticity of demand is

= Percentage Change in quantity demanded ÷ Percentage Change in price

So,

= -2 × (6 ÷ 88)

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3 years ago
Magazines and journals are examples of periodical resources. True False
mylen [45]
The answer to your question is true.
8 0
3 years ago
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4 0
4 years ago
Thornbrough Corporation produces and sells a single product with the following characteristics: Per Unit Percent of Sales Sellin
DaniilM [7]

Answer:

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3 years ago
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Yanka [14]

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learn more about amendments here.   brainly.com/question/458137

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