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
Business
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Which of the following terms refers to benefits for time not worked, such as unemployment insurance, vacation and holiday pay, and sick pay?
A) supplemental pay benefits B) employee assistance C) financial incentives D) premium benefits
Business
Does the data provide enough evidence to conclude that, at the 1% significance level, the final mark and the mid-term test mark show a positive linear relationship?
What will be an ideal response?
Business