A preferred stock from Duquesne Light Company (DQUPRA) pays $3.55 in annual dividends. If the required return on the preferred stock is 6.7 percent, what's the value of the stock? (Round your answer to 2 decimal places.)

Q: A gold mining company discovers a new vein to start mining. The geologists project this mine will…

A: Let P be the present value of this mine f(t)=$400000 T=15years Rate of interest,r=3.5%=0.035

Q: At the end of each year, Carl and Linda Munson will deposit $2100 into a 401k retirement account.…

A:

Q: Assume that all interest is simple interest. Ed Bland had savings of  $524  invested at  7%  for…

A:

Q: Cisco Systems paid an annual dividend of $0.82 per share in a recent year. Calculate the dividends…

A: The objective of the question is to calculate the total dividends paid to a shareholder who owns…

Q: National Storage paid a dividend of $1.90 per share last year. If yesterday's closing price was…

A:

Q: The stock of a fast-food restaurant chain pays a dividend of $0.67. If the share price for this…

A: The objective of this question is to calculate the dividend yield of a stock. The dividend yield is…

Q: Suppose that you decide to buy a car for $30,635, including taxes and license fees. You saved $8000…

A:

Q: A stock pays an annual dividend of $1.14 per share. Calculate the dividends paid to a shareholder…

A: The dividend paid for a stock is $1.14 per share. The number of shares a shareholder has is 305.

Q: what is the weekly labor cost (including benefits) for this employee?  (Round to the nearest penny,…

A: Employee works 38 hours per week. He can earn $9.75 per hour. Company's benefits for this employee…

Q: A bank features a savings account that has an annual percentage rate of 5.4 % with interest…

A: P = $ 5500 APR = 0.054

Q: Global Cable paid dividends of $0.28 and $0.16 per share last year.  Given yesterday's closing price…

A: Annual dividends are $0.28 and $0.16 Yesterday's closing price: $11.27 The aim is to determine the…

Q: a person earned $20.16 interst during the year, at 3% interest how much money did this person have…

A: The objective of this question is to find out the initial amount of money the person had at the…

Q: A business analyst starts at $45,000. She receives a 5% raise at the end of each year. What is her…

A: P=$45000Rate = R= 5% =0.05Time=t=6 years

Q: waiter receives a 12% tip of $15, What is the value of

A: detailed solution is given below

Q: Suppose you want to have $700,000 for retirement in 25 years. Your account earns 9% interest. How…

A:

Q: Tuition of $2086 will be due when the spring term begins in 11 months. What amount should a student…

A:

Q: Richard invests $205.42 every month into his retirement. At the end of 30 years, he has a balance of…

A: ANSWER :

Q: Find last year’s salary if, after a 4% pay raise, this year’s salary is $44,200.

A: salary in this year = last year salary + increment salary . Increment salary = pay raise * last year…

Q: If shares in Cleanaway Waste Ltd are $1.87 and they increase by 2.41%, what will the new share price…

A:

Q: brooke's credit card has an annual interest rate of 21% on her unpaid balance, which averages $900.…

A: Given query is to find the monthly payment.

Q: What value would you project for a share of stock at the beginning of year 3? $

A: From the model of Gordon's growth the formula is given as: P = [ D (1+g) ] ÷ ( ke -g). P = current…

Q: A young professional wishes to have $730000 in her retirement account. She invests $900 monthly in…

A: