If Neal O'Danny preferred stock pays an annual dividend of $2.80, and investors require a 9% return, what is

the value of O'Danny's preferred stock today?

What will be an ideal response?

Vp = Div/R = $2.80/.09 = $31.11

Business

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Long-term care policies may not define a preexisting condition more restrictively than a condition for which medical advice or treatment was sought

A) Beyond the six month waiting period. B) Before the six month waiting period. C) Within six months following the effective date of coverage of an insured person. D) Within six months preceding the effective date of coverage of an insured person.

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If, for a simple queuing or waiting line problem, we compare the solution from an analytical model with that from a simulation, we will typically find them to be exactly the same

Indicate whether the statement is true or false

Business