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%
Answer:
-2
Step-by-step explanation:
5 + (-7)
5 - 7
-2
Please let me know if something's wrong!
Answer:
6
Step-by-step explanation:
Because 6 is 6 times as 1, 12 is 6 times as 2, 18 is 6 times as 3 and so on.
Answer:
It is by contract the same amount every month.
Step-by-step explanation:
