When 200. mL of 1.50 × 10-4 M hydrochloric acid is added to 135 mL of 1.75 × 10-4 M Mg(OH)2, the resulting solution will be
Calculation:
Moles of H⁺ from HCl:
Moles of OH⁻ from Mg(OH)₂:
Compare H⁺ and OH⁻:
Result: The solution is basic (excess OH⁻)
Let's break down this problem step-by-step:
Understanding Perpetuity
A perpetuity is a stream of equal payments that continues forever. In this case, the preferred stock pays a fixed annual dividend of $4.80 indefinitely.
Present Value of a Perpetuity
The present value (PV) of a perpetuity is calculated using the following formula:
PV = Payment / Discount Rate
Where:
PV is the present value of the perpetuity (the worth of the stock today).
Payment is the fixed periodic payment (the annual dividend, $4.80).
Discount Rate is the required rate of return (11% or 0.11).
Applying the Formula
Now, let's plug in the given values:
PV = $4.80 / 0.11
PV = $43.636363...
Rounding to Two Decimal Places
Since we're dealing with money, we round the result to two decimal places:
PV ≈ $43.64
Answer:
One share of this preferred stock is worth approximately $43.64 to you today if you require a rate of return of 11 percent.
When 200. mL of 1.50 × 10-4 M hydrochloric acid is added to 135 mL of...
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M
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