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If the dividends paid on a preferred stock issue are $3.5 pershare and the price of the stock after subtracting flotation costsis $25, calculate cost of preferred stock.16.77%14.00%15.56%7.78%none of the answers is correctPraxair Inc has a project with initial investment requiring$-120,000 and the following cash flows will be generated for thefollowing 5 years at the end of each year because of the project:$30,000; $140,000; $176,000; $50,000; and $80,000 respectively. Ifthe required rate of return is 0.19, find the payback period (PB)of the project.none of the answers is correct1.64 years2.35 years2.03 years1.20 yearsAssume the foreign exchange rate quotes are such that $1 isequal to 0.731 units of Euros and 8.19 units of HK dollars. Also,those quotes can be expressed as Euros 0.731/$ and HK dollars8.19/$. How many Euros is needed to buy 1 unit of HK dollar?none of the answers is correctHK dollars 11.2031/EuroHK dollars 17.1031/EuroEuros 0.0893/HK dollarEuros 5.9031/HK dollar
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