Lancashire railway company pays an annual dividend rate of 9.60% on its preferred stock that currently returns 12.86% and has a par value of $100.00 per share. what is the value of lrc's preferred stock?
a $111.98 per share
b $74.65 per share
c $100.00 per share
d $89.58 per share

Value of stock = 74.65 per share

so correct option is b $74.65 per share

Explanation:

given data

annual dividend rate = 9.60%

returns = 12.86% = 0.1286

par value = $100.00 per share

to find out

preferred stock

solution

we get here first Value of stock tat is express as

Value of stock =   ............1

here dividend is 9.60% ×  100 = $9.60

put here value we get

Value of stock =

Value of stock = 74.65 per share

so correct option is b $74.65 per share

if kj of heat is transferred o 1200 g liquid water at 36'c, what would the new temperature of the water be? (he specific heat capacity of liquid water is 4.186 j/g''c)

a. 15'c

b.100'c

c.51'c

d.36'c

rational decision making is a multi-step process for making choices between alternatives. the process of rational decision making favors logic, objectivity, and analysis over subjectivity and insight. the word “rational” in this context does not mean sane or clear-headed as it does in the colloquial sense.

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