glassway777 glassway777
  • 13-10-2021
  • Business
contestada

A company's $100, 8% preferred is currently selling for $85. What is the company's cost of preferred equity?

Respuesta :

demirosered
demirosered demirosered
  • 13-10-2021

Answer:

9.4%

Explanation:

Kps = Dps/Pps x Dps = $100 x 8% = $8, Kps = 8/85 = 9.4%

Answer Link

Otras preguntas

How does the nictitating membeane provide an adaptive advantage to frogs?
Agoraphobia is a type of specific phobia characterized by the intense fear of
For f(x) = 0.01(2)x, find the average rate of change from x = 3 to x = 8.
Can anyone please help me?
The mere threat of a ________________, either explicit or implied, gives lawmakers strong incentive to craft bills with the governor's wishes in mind.
PLEASE HELP! MATH QUESTION!
How long does it take the moon to cycle once through all of its phases, a period known as the synodic month?
Read the sentences. Sentence 1: The first time I performed a solo, my stomach was in knots. Sentence 2: Despite my nerves, I was able to do it. Sentence 3:
What condition causes the production of abnormal shaped red blood cells?
Protection of habeas corpus means that citizens cannot be punished without a trial. laws cannot apply to past situations. citizens cannot be held without leg