Answer is 816. Hope this helps
Answer:
16 MPH boat speed still water
5 MPH current speed
Step-by-step explanation:
84/4 - x = 55/5 + x
x = (84/4-55/5)/2 = 5 mph current speed in MPH
11+5 = 16 is boat speed in MPH
21 MPH downstream, 11 MPH upstream
I would have to say the best answer is B
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
