In 1821, Boston started the first public high school in the United States. By the close of the 19th century, public secondary schools began to outnumber.
Voluntary exchanges happen when both parties expect to receive a gift that is better than the gift they already gave to somebody.
If your in K12, the answer is gain.
Stair rails is a barrier along the open sides of stairways and platforms that prevent falling is
Answer:
$25.86.
Explanation:
To address this problem we first calculate the present value of all dividend received at time t = 20, then we discount that sum to time t = 0 (now).
The cashflow pattern of this preferred stock is similar to perpetuty.
Stock value at time t = 20 = Dividend/Required rate of return = 20/10.5% = 190.48
Stock value at time t = 0 = (Stock value at time t = 20)/(1 + Required rate of return)^20 = 190.48/(1 + 10.5%)^20 = 25.86.