Answer:
6.5%
Step-by-step explanation:
The formular used to calculate the cost of preferred stock is:
= Fixed dividend/Net proceeds
Fixed dividend= $50 × 8/100
= $50×0.08
=$4
Net proceeds= Market price-Flotation costs
= $65-(6/100×$65)
= $65-(0.06×$65)
= $65-3.9
= $61.1
Therefore cost of preferred stock is
= 4/61.1 ×100
= 0.065×100
= 6.5%
Hence the cost of preferred stock is 6.5%
Parallel lines have the same slope, so the slope of the other line is also 1/6
If one raw contains 3x-2 trees & if the total trees in the rectangle are 24x-16, that means Horizontal Rows x Vertical Rows =Total number of trees:
(3x-2) * Vertical Rows = 24x-16 ===> Vertical Rows =(24x-16) / (3x-2)
Perform the division & you will find Vertical Rows =8
Answer:
-6M
Step-by-step explanation:
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X is -4 Isolate the variable by dividing each side by factors that don't contain the variable.
