Fenway Athletic Club plans to offer its members preferred stock with a par value of $200 and an annual dividend rate of 5 %. What price should these members be willing to pay for the returns they want? a. Theo wants a return of 9%. b. Jonathan wants a return of 11%. c. Josh wants a return of 16%. d. Terry wants a return of 19%. a. If Theo wants a return of 9%, what price should he be willing to pay?

Kelso electric is debating between a leveraged and an unleveraged capital structure. the all equity capital structure would consist of 40,000 shares of stock. the debt and equity option would consist of 25,000 shares of stock plus $280,000 of debt with an interest rate of 7 percent. what is the break-even level of earnings before interest and taxes between these two options?

Suppose the government enacts a stimulus program composed of $600 billion of new government spending and $300 billion of tax cuts for an economy currently producing a gdp of $14 comma 000 billion. if all of the new spending occurs in the current year and the government expenditure multiplier is 1.5, the expenditure portion of the stimulus package will add nothing percentage points of extra growth to the economy. (round your response to two decimal places.)

Which type of unemployment would increase if workers lost their jobs because their positions were replaced by an automated process? a) cyclical b) frictional c) international d) structural