Answer:
12 x 4 or 48
Step-by-step explanation:
Answer:
The cost of Ningbo Shipping Preferred stock is 12.40%
Step-by-step explanation:
In this question, we are asked to calculate the cost of Ningbo shipping Preferred stock.
To calculate this, we make use of the following mathematical relation;
The cost preferred stock Kp = Annual dividends/ Issued price-Cost of Issuing
From the question, we identify the following;
Issued price = $125
Annual dividend = $15
Cost of Issuing = $4
Inserting these into the formula we have;
Kp = $15/$125 - $4 = 12.40%
This means that Cost of Ningbo shipping preferred stock is 12.40%
Yes your answer would be correct! :)
Answer:
The equation of line with given points is y - 4 = 3 ( x + 2 ) .
Step-by-step explanation:
Given as :
The points of line are ( 1 , 13 ) and ( - 2 , 4 )
The point slope intercept equation of line is
y -
= m ( x -
)
Where m is the slope of line
So , Slope , m = 
Or, m = 
Or, m = 
∴ m = 3
Now The equation of line is
y -
= m ( x -
)
Or. y - 13 = 3 ( x - 1 )
Or, y - 13 = 3 x - 3
Or, y = 3 x - 3 + 13
∴ y = 3 x + 10
I.e y - 4 = 3 x + 6
Or, y - 4 = 3 ( x + 2 )
Hence The equation of line with given points is y - 4 = 3 ( x + 2 ) . Answer