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riadik2000 [5.3K]
3 years ago
8

matt, a shareholder, can run for director by simply placing his name on the company's proxy statement. True or False?​

Business
1 answer:
IgorLugansk [536]3 years ago
6 0
False

Reason: A Shareholder cannot go for the director's by writing his name on the proxy Statement. Instead he has to place his name on the AGM or Annual General Meeting, where Shareholders meet, propose for their plans and Vote for The Company's Director.
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Al's obtained a discount loan of $78,500 today that requires a repayment of $98,000, 3 years from today. What is the APR
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Answer:

R = 8.2803%

Rounded: 8%

Explanation:

Solving our equation:

r = (1/3)(98000/78500) - 1) = 0.08280255

r = 0.08280255

Converting r (decimal) to R a percentage

R = 0.08280255 * 100

= 8.2803%

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Murray Motor Company wants you to calculate its cost of common stock. During the next 12 months, the company expects to pay divi
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Answer:

Cost of retained earnings  = 0.13

Explanation:

given data

(D1) = $1.80

current price = $36  

growth rate = 9 percent

solution

we get here Cost of retained earnings  (Ke) that is express as

Cost of retained earnings = ( D1 ÷ P ) + g    ................1

here P is price and g is growth rate

put here value and we get

Cost of retained earnings =  (1.80 ÷ 36 ) + 0.08

Cost of retained earnings  = 0.13

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