Western auto inc. pays a $1.77 preferred dividend every quarter and will maintain this policy forever. what price should you pay for one share of preferred stock if you want an annual return of 9.25% on your investment? a. $74.54

Identify which of the twelve basic functions listed below fit the description given.

Which value describes the desire to be one’s own boss? a. autonomy b. status c. security d. entrepreneurship

After the 2008 recession, the amount of reserves in the us banking system increased. because of federal reserve actions, required reserves increased from $44 billion to $60 billion. however, banks started holding more reserves than required. by january 2009, banks were holding $900 billion in excess reserves. the federal reserve started paying interest on the excess reserves that the banks held. what possible impact will these unused reserves have on the economy?