Answer:
1,212,723 shares
Explanation:
Given that,
Value of issuing preferred stock = $33,000,000
Discount rate = 11.87%
Dividend paid = $3.23
Price of preferred stock:
= Annual dividend ÷ discount rate
= $3.23 ÷ 0.1187
= $27.2115
Shares will they need to issue:
= Value of issuing preferred stock ÷ Price of preferred stock
= $33,000,000 ÷ $27.2115
= 1,212,723
That make them with out coca beans
This best illustrates the value of the spacing effect.
This type of an effect refers to the fact that learning is better if it is extended over a long period of time. So, if you are studying for an exam, it is better to study for a month, where each day you will read a portion of a lesson, rather than pull an all-nighter and cram it all.
<u>Solution and Explanation:</u>
The FOMC’s actions are as follows:
1.a. The dow jones Fell by around 13% from the 23185 to the 20815 even if fed cut the rates by 100 basis points. This fall was due to the economy heading into an impending recession.
1.b. The 10 year treasury yield fell from .94% on the friday to .73% on the monday
.
The 3 months treasury yield fell from .287% on the friday to .124% on the Monday.
