Suppose a preferred share pays perpetual QUARTERLY dividends of $0.25 and has a per annum dividend yield of 6 percent. What is the fair value of this preferred share?
A) $14.67
B) $15.33
C) $16.00
D) $16.67
D
Explanation: D) PV = PMT/r = $.25/0.015 = $16.67.
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______ is the ability to influence the behavior of others through the possession of knowledge or expertise on which others depend.
What will be an ideal response?
A truck that cost $12,000 was originally being depreciated over four years using the straight-line method with no salvage value. If after one year, it was decided that the truck would last an additional four years (or a total of five years), the second year's depreciation would be
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As the fastest growing ethnic population in the United states, Asian Americans represent
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A. value = monetary price?customer benefits. B. value = customer costs?customer benefits. C. value = customer benefits?customer costs. D. value = customer benefits?monetary price. E. value = customer benefits?time and effort.