First figure out what it mean
Answer:
A money market fund is a type of mutual fund that invests in high-quality, short-term debt instruments and cash equivalents.
Take y2-y1 over x2-x1 to get the slope of the line
2-5/2-6
-3/-4
3/4
Answer:
Kuroo Here!
Step-by-step explanation:
Just Tell the truth. Your parents don't want you do die. So Just say the truth. There is nothing good after telling lies.
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%
