Answer:
Current stock price = $1.040
Explanation:
We know,
Current preferred stock price = Preferred dividend ÷ Expected rate of return
Given,
Expected rate of return = 4.69%
Preferred dividend = $4.88
Current preferred stock price = ?
Putting the values into the formula, we can get
Current preferred stock price = $4.88 ÷ 4.69%
Or,Current preferred stock price = $1.040.
Therefore, the current preferred stock price is $1.040.
Explanation:
To motivate and set task engagements by doing this it set strong goals boost performance by motivating people to push harder.
Answer:
$50,000
Explanation:
Note: There is an assumption that the payment is yearly payment & is received at the end of every year
Present Value of Perpetuity = Payment Receivable in 1st year/ (Discount rate - Growth rate)
Present Value of Perpetuity = 500/(2%-1%)
Present Value of Perpetuity = 500/0.01
Present Value of Perpetuity = $50,000
So, the present value of all the future trust payments is closest to $50,000
The waiting time at which 10 percent of the people would continue to hold is given as 2.3
<h3>How to solve for the waiting time</h3>
We have to solve for X ~ Exponential(λ).
then E(X) = 1/λ = 3,
= 0.3333
Remember that the cumulative distribution function of X is F(x) = 1 - e^(-λx). ; x is equal to the time in over case
For 10 percent of the people we would have a probability of
10/100 = 0.1
we are to find
P(X ≤ t)
= 1 - e^(0.3333)(t) = 0.1
Our concern is the value of t
Then we take the like terms
1-0.1 = e^(0.3333)(t)
1/0.9 = e^(0.3333)(t)
t = 3 * ln(1/0.9)
= 0.3157
Answer:
None of the options are False.
Explanation:
CA means Current Account Balance
T means Taxes
G means Government Spending
S equals National Savings and
I equals Investment
Cheers!
