Caspian Sea is considering raising $35.00 million by issuing preferred stock. They believe the market will use a discount rate of 8.38% to value the preferred stock which will pay a dividend of $3.70. How many shares will they need to issue

Which term refers to the cost that motivates an economic decision

Costs of production that do not change when output changes. question 17 options: total revenuefixed incometotal costfixed cost

Anew 2-lane road is needed in a part of town that is growing. at some point the road will need 4 lanes to handle the anticipated traffic. if the city's optimistic estimate of growth is used, the expansion will be needed in 4 years and has a probability of happening of 40%. for the most likely and pessimistic estimates, the expansion will be needed in 8 and 15 years respectively. the probability of the pessimistic estimate happening is 20%. the expansion will cost $ 4.2 million and the interest rate is 8%. what is the expected pw the expansion will cost?