Answer:
B, $35.20
Step-by-step explanation:
32 increase 10% =
32 × (1 + 10%) = 32 × (1 + 0.1) = 35.2
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%
Answer:
The area decreases by 1155.52 square meters
Step-by-step explanation:
a = pi * r ^ 2
d = 2 * r
r = d / 2
r = 96/2
r = 48
a1 = 3.14 * 48 ^ 2
a1 = 7234.56 square meters.
r = 88/2
r = 44
a2 = 3.14 * 44 ^ 2
a2 = 6079.04 square meters.
now we calculate the difference
a1 - a2 = 7234.56 - 6079.04
= 1155.52 square meters
