Carby hardware has an outstanding issue of perpetual preferred stock with an annual dividend of $7.50 per share. if the required return on this preferred stock is 6.5%, at what price should the preferred stock sell? a. $104.27b. $106.95c. $109.69d. $112.50e. $115.38

$115.38  

Explanation:

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Please find below the answer  

Statement Showing Computations  

Particulars                mount

Annual dividend on preferred stock                            7.50

Required return on preferred stock                            6.50%

Price of preferred stock =    7.50/6.50%                      115.38

Therefore for the answer is  $115.38

bd = 9 cm

step-by-step explanation:

in a 30°-60°-90° triangle, the ratio of side lengths is 1 : √3 : 2. that is, the longest side (hypotenuse) is twice the length of the shortest side.

all of the triangles in your geometry are 30°-60°-90° triangles. ac is the hypotenuse of δacd, and the short side of δabc.

the short side ad of δacd will be half the length of ac, so 3 cm. the hypotenuse ab of δabc will be twice the length of ac, so 12 cm. segment bd is the difference of the lengths ab and ad, so is

bd = ab -ad

bd = 12 cm - 3 cm = 9 cm

comment on side length ratios

you can figure the ratios of side lengths in a 30°-60°-90° triangle by considering the trig ratios of the angles. or you can figure the length of the altitude of an equilateral triangle of side length 2 using the pythagorean theorem.

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