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Question - Preferred stock-calculate dividend amounts - Laura & Marty Ltd. did not pay dividends on its 7.0%, $100 par value cumulative preferred stock during 2018 or 2019, Since 2012, 60,000 shares of this stock have been outstanding. Laura & Marty Ltd. has been profitable in 2020 and is considering a cash dividend on its common stock that would be payable in December 2020. Calculate the amount of dividends that would have to be paid on the preferred stock before a cash dividend could be paid to the common stockholders.
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
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Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
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