Answer:
6.5%
Step-by-step explanation:
The formular used to calculate the cost of preferred stock is:
= Fixed dividend/Net proceeds
Fixed dividend= $50 × 8/100
= $50×0.08
=$4
Net proceeds= Market price-Flotation costs
= $65-(6/100×$65)
= $65-(0.06×$65)
= $65-3.9
= $61.1
Therefore cost of preferred stock is
= 4/61.1 ×100
= 0.065×100
= 6.5%
Hence the cost of preferred stock is 6.5%
(1/2)*25 = 25/2 = 12.5
So the 1/2 of 25 is 25/2 or 12.5
Answer:
8 hours
Step-by-step explanation:
−0.75x + 18 = -x+20
0.25x = 2
x = 8
Hey there! :)
Answer:
First choice. 36/100 or 36%.
Step-by-step explanation:
Total # of squares:
10 × 10 = 100 squares.
# of squares shaded:
6 × 6 = 36 squares.
shaded/total to find the percent shaded:
Fraction: 36/100
Percentage: 36/100 × 100 = 36%.
135+124+140+122+409+132+119+128+136+125=1570
1570/10= 157 customers at average