Answer:
The cost of Ningbo Shipping Preferred stock is 12.40%
Step-by-step explanation:
In this question, we are asked to calculate the cost of Ningbo shipping Preferred stock.
To calculate this, we make use of the following mathematical relation;
The cost preferred stock Kp = Annual dividends/ Issued price-Cost of Issuing
From the question, we identify the following;
Issued price = $125
Annual dividend = $15
Cost of Issuing = $4
Inserting these into the formula we have;
Kp = $15/$125 - $4 = 12.40%
This means that Cost of Ningbo shipping preferred stock is 12.40%
Answer:
Use shell method
And chose the cross section perpendicular to the x-axis
Answer:
0.4
Step-by-step explanation:
Answer:
95%
Step-by-step explanation:
0.6 of 40 is 24, she bought 24 green balloons.
24 × 1.5 = 36, she bought 36 yellow balloons.
So we have
40 red
24 green
36 yellow
Then from the rest of the information, 2 red, 2 green, and 1 yellow balloon all popped.
We now have
38 red
22 green
35 yellow
for a total of:
95 balloons out of 100 original balloons, 95%
