Achi Corp. has preferred stock with an annual dividend of $ 2.89. If the required return on Achi's preferred stock is 7.7 %, what is its price? (Hint: For a preferred stock, the dividend growth rate is zero.)

Minneapolis federal reserve bank economist edward prescott estimates the elasticity of the u.s. labor supply to be 3. given this elasticity, what would be the impact of funding the social security program with tax increases on the number of hours worked and on the amount of taxes collected to fund social security?

Personal financial planning is the process of creating and achieving financial goals? true or false

Cash flow is often a problem for small businesses. how can an entrepreneur increase cash flow? a) locate lower-priced suppliers. b) forego sending in estimated tax payments to the irs c) shorten the terms on a bank loan to pay it off more quickly d) sell more low-margin items.