U.S Technologies preferred stock sells for $80 and pays $9 each year in dividends. What is the expected rate of

return?

What will be an ideal response?

rp = D/V = $9/805 = .1125 = 11.25%

Business

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When the lessee agrees to make up any deficiency below a stated amount that the lessor realizes in residual value, that stated amount is the guaranteed residual value

a. true b. false

Business

When Hayley had some problems with the applications on her cell phone, she gave her cell phone to the service center for a software update. The service center returned the phone to Hayley the next day, with the software update complete

Two days later, the service center called Hayley to enquire if the phone was functioning well. Which area of services marketing does this incident illustrate? Why is this important?

Business