Answer:
Explanation:
The value of the preferred stock would be
= Annual dividend ÷ annual yield
= $100 × 10% ÷ 8%
= $10 ÷ 8%
= $125 per share
And, the new market value would be
= Annual dividend ÷ annual yield
= $10 ÷ 13%
= $76.92 per share
For computing the stock value or market value we simply divide the annual dividend by the annual yield
Answer:
Will rents a car while his car is in the shop.
Explanation:
If Will has his car in the workshop and has a Personal Auto Policy, then he can claim a temporary substitute while his car is being repaired.
A temporary subsititute is defined as an automobile that a person with an insurance policy uses in the interim when their vehicle is being repaired, has broken down, has suffered loss, or is being serviced.
Will borrowing a car while his own is in the shop is considered temporary substitution.
Answer:
You can't tell the difference between a legit article and an ad
Explanation:
Answer:
The correct answer is letter "B": increase the level of interest among consumers.
Explanation:
After consumers realized a new product has been introduced into the market, marketing executives must find out the way to keep those customers interested in the product. Thus, they will become regular consumers of the good or service offered which implies the company would have a stable income to keep the business going.
