A firm has determined it can issue preferred stock at $115 per share par value. The stock will pay a $12 annual dividend. The cost of issuing and selling the stock is $3 per share. The cost of the preferred stock is ________
A) 6.4 percent.
B) 10.4 percent.
C) 10.7 percent.
D) 12 percent.
C
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In the _____ phase, specialists ensure that all data is consistent.
A. loading B. extraction C. transformation D. divisional
Which of the following is true of a joint will?
A. The mere fact that a joint will has been executed creates the presumption of a contract not to revoke the will. B. Whether a joint will is revocable depends only on the language of the will. C. A testator who has made a joint will cannot change the will later under any circumstances. D. Underlying a joint will is an agreement on a common plan.
Michael Porter identifies five different threats of competition for any business. Which of the following choices is not one of Michael Porter's five threats?
A. Substitutes B. Investors C. Rivals D. Suppliers
Integrated marketing communications involves the coordination of messages from multiple sources including PR, television, radio, and digital media.
Indicate whether the statement is true or false.