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fiasKO [112]
2 years ago
11

How much would it cost for Chester Corporation to repurchase all its outstanding shares if new brokerage fees totaled 1% of the

underlying transaction?
Select: 1

$85.3 million

$76.4 million

$83.7 million

$78.0 million

Business
1 answer:
Vinvika [58]2 years ago
6 0

Answer:

$78.0 million

Explanation:

Cost of repurchase = Number of shares*Share price/(1-1%)

Cost of repurchase = $3,352,720 * $23.02/(1-1%)

Cost of repurchase = $3,352,720 * $23.02/(1 - 0.01)

Cost of repurchase = $3,352,720 * $23.02/0.99

Cost of repurchase = $3,352,720 * $23.25

Cost of repurchase = $ 77,950,740

Cost of repurchase = $78.0 million

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Answer:

$41,500

Explanation:

Calculation to determine What was the initial cost of the machine to be capitalized

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Add Freight $1,500

Add Installation $3,000

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Total Cost $41,500

Therefore the initial cost of the machine is $41,500

3 0
2 years ago
brazil spent billions of dollars to host the soccer world cup and the summer olympics. the opportunity cost of hosting these eve
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The opportunity cost of hosting these events is the next best alternative bundle of goods and services that could be provided.

<h3>What is meant by opportunity cost?</h3>

This is the term that is used to talk about the foregone alternative. It is what would have to be neglected because of another choice that has to be taken.

What this means is that the money that would have been spent on other aspects of the government was spent on the world cup so the benefits that the people would have gotten from the options are lost.

Hence we can say that The opportunity cost of hosting these events is the next best alternative bundle of goods and services that could be provided.

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7 0
1 year ago
A portfolio with a 30% standard deviation generated a return of 15% last year when T-bills were paying 6.0%. This portfolio had
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Answer: 0.3

Explanation:

The Sharpe ratio is simply used by organizations and investors in order to compare the return on an investment to its risk.

From the question, we are informed that a portfolio has a 30% standard deviation generated a return of 15% last year when T-bills were paying 6.0%.

The Sharpe ratio will be:

= (15% - 6.0%)/30%

= 9%/30%

= 0.09/0.3

= 0.3

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Answer:

The answer is brainstorming

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