Answer:
C. be held liable under the misappropriation theory of insider trading.
Explanation:
Insider trading refers to the practice of utilizing confidential information that is not available for the public in order to make a profit in stock market. Currently, this action is deemed as illegal ever since the The Insider Trading Sanctions Act was created in 1984 .
The Security and Exchange omission created that act in order to ensure that no investors have to experience unfair situation in the market . Having confidential information will make it really easy for a person to predict whether the price of the stock will go up or down.
This can be seen In Bart's action. Pay attention to this part of the excerpt:
<em>Bart learns from Alway's company files that Steel Co. is in the final stages of negotiation for a highly profitable </em>
Answer:
Gap between the supply curve and the market price.
Explanation:
Producers surplus refers to the surplus that a producer of a commodity can obtain. The producers surplus is the difference between the producer's willingness to accept the price and the actual price they have received.
Producers surplus = Actual market price - Willingness to accept the price
Graphically, it is the area between the upper portion of supply curve and the market price.
Answer:
1,212,723 shares
Explanation:
Given that,
Value of issuing preferred stock = $33,000,000
Discount rate = 11.87%
Dividend paid = $3.23
Price of preferred stock:
= Annual dividend ÷ discount rate
= $3.23 ÷ 0.1187
= $27.2115
Shares will they need to issue:
= Value of issuing preferred stock ÷ Price of preferred stock
= $33,000,000 ÷ $27.2115
= 1,212,723
Answer: A
Explanation:
Coverage C is the one of the Institute Marine Cargo Clauses and it is also referred to as a "named perils policy". It lists risks that will be covered and the list is limited to stranding, fire, collision, jettison and sinking. It does not include damages from rough weather, water damages, washing overboard and losses while loading and unloading.
Coverage C is insufficient for containerized goods, except goods that will not be affected by an international journey and, there won't be a major loss if lost overboard. Coverage C fits bulk cargo, as a loss is unlikely unless the ship has a major damage.
