Answer:
$ 35.38
Step-by-step explanation:
Given data:
Annual dividend per share = $ 2.30
Required return on the preferred stock = 6.5 %
Thus,
Selling price of the preferred stock
= Annual dividend per share / Required return on the preferred stock
on substituting the respective values, we get
Selling price of the preferred stock = $ 2.30 / 6.5% = $ 2.30 / 0.065
or
Selling price of the preferred stock = $ 35.38
10 % + 30 % = 40 %
100% - 40% = 60%
60% are red
Multiply total shirts by 60%
80 x 0.60 = 48
48 shirts are red
The area is 80 just time 10 and 2 and 4
Answer: you square root it.
5r^2/5 = 80/5 =16
Sqr root of r^2=Sqr root of 16
r=4
Step-by-step explanation: