A retailer can benchmark its customer satisfaction through use of the American Customer Satisfaction Index (ACSI)

Indicate whether the statement is true or false

True

Business

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Caldwell Corp. has outstanding borrowings. One of these borrowings is nonconvertible preferred stock (cumulative) with a par value of $75 and an annual dividend rate of 8.25%

This preferred stock is currently selling for $56.46 per share. What is the yield or return (r) on this preferred stock? A) 10.395% B) 10.432% C) 10.959% D) 10.623%

Business

Anita sold for $60,000 her home that she purchased ten years ago for $20,000. She then purchased another home a month later for $70,000. Her capital gain on the sale of the first home was

A) $60,000 B) $40,000. C) $30,000. D) $0.

Business