Answer:
The second store will need to register as a dispenser because every chain derived from an existing line of business must be registered to gain license.
Answer: B. convertible bond.
Explanation:
A Convertible bond is as the name implies, a fixed income asset. However, it also has a hybrid function in that it can be converted into shares or equity in the company that issued the bond.
In the agreement, when this can be done is up to the bondholder but there might be only specific times in which they can convert the bond. As a result of its ability to be convertible to stock, the price of this bond is quite susceptible to interest rate changes as well as the price of the stock that it can be converted into. If for instance interest rates fall or the stock price rises, these are both incentives to convert the bonds to stock.
Michelle was able to exchange her bond for shares so what she owned was a convertible bond.
Answer:
B. is the satisfaction or pleasure one gets from consuming it.
Explanation:
The utility is the concept which marks the level of satisfaction that a person gets after consuming a particular good. The utility obtained cannot be measured in terms of the weight of the physical property of the goods. It is the result of the satisfaction of the customers after consuming it. The utility exists not in the product but the consumption of it.
Answer:
4.31%
Explanation:
Calculation for the bank’s cost of preferred stock
Using this formula
Cost of preferred stock=Dividend / Selling price of stock
Let plug in the formula
Cost of preferred stock= $ 3.75 / $ 87
Cost of preferred stock= 4.31%
Therefore the Cost of preferred stock will be 4.31%
