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kifflom [539]
1 year ago
15

When a broker-dealer maintains a firm market in a stock, that broker-dealer is committed to?

Business
1 answer:
Jlenok [28]1 year ago
7 0

When a broker-dealer maintains a firm market in a stock, that broker-dealer is committed to purchasing or sale of up to the stated maximum number of round lots (the standard trading unit of the stock) at the stated price.

This is further explained below.

<h3>What is a firm?</h3>

Generally, A company providing professional services for compensation, such as law or accountancy, is called a "firm." One key tenet of "theory of the company" is that enterprises' primary purpose is to increase shareholder wealth.

In conclusion, By keeping a "firm market," a broker-dealer promises to buy or sell up to the maximum number of round lots (the stock's standard trading unit) at the quoted price.

Read more about the firm

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A bond with 25 years to maturity, 7% coupon, quoted on a 6.25% basis is callable in 10 years at 103, 15 years at 102, and 20 yea
eduard

Answer: 10 years to call

Explanation:

Maturity period = 25 years

Coupon rate = 7%

6.25% basis is,

  • Callable in 10 years at 103
  • Callable in 15 years at 102
  • Callable in 20 years at par

This bond is considered as premium bond. Therefore, in case of premium bonds, Yield to call will be lower than the yield to maturity. Here, the question is which call date should be utilized. According to the rule of thumb, it states that always use the term that is nearest to the whole call date.

Hence, on the customer's confirmation, the dollar price quoted must be based on 10 years to call.

8 0
2 years ago
Scientific management approach has lost its relevance. How might today's
Setler [38]

Answer:

syntific mamagement loss it relevance its relevs today it will might today it will not lost revalance

6 0
2 years ago
Food Packaging, Inc., agrees to sell 50,000 6-ounce yogurt containers to Golden Dairy Company. Food can obtain only 20,000 of th
posledela

Answer:

Option C.

Explanation:

From the scenario presented above, Golden is not in any way liable for the inability to supply the total quantity of the 6-ounce yogurt containers, therefore, Golden can choose to reject the delivery of the 8-ounce containers.

Also, Golden can give Food Packaging a reasonable amount of time to enable them replace the containers, of Golden is not in a hurry to begin production and packaging.

5 0
3 years ago
gAlex has been the highest performer within his department for the last five years. Vera, the Head of the Division in which Alex
kipiarov [429]

Complete question:

Alex has been the highest performer within his department for the last five years. Vera, the Head of the Division in which Alex works, has decided to promote Alex to reward him for his hard work and dedication to the firm. Vera believes that his technical proficiency will inspire the rest of the team to work harder and become more accurate.

Is Vera's reasoning sound? Does Alex's technical proficiency help to ensure his success as a manager?

a. Yes, Alex's high expectations will make him a better manager.

b. No, human relations skills are just as important as technical expertise.

c. Yes, technical proficiency is the key to managerial success.

d. Yes, technical proficiency in a manager is inspirational to teams.

Answer:

(B) No, human relations skills are just as important as technical expertise.

<h3>What is technical expertise?</h3>
  • Technical skills are the particular knowledge and competence required in real-world circumstances to complete certain jobs and use specific equipment and programs.
  • From information technology and corporate administration to health care and education, diverse technical abilities are necessary for almost every sector and industry.
  • Technical skills are the particular knowledge and competence required in real-world circumstances to complete certain jobs and use specific equipment and programs.
  • From information technology and corporate administration to health care and education, diverse technical abilities are necessary for almost every sector and industry.
<h3>What are relations skills?</h3>
  • This includes communicating openly, actively listening, cooperating, refusing improper social pressure, constructively negotiating disagreement, and seeking and offering assistance when needed.
  • Relationship skills are essential for personal and professional success.
  • Trust, respect, self-awareness, inclusiveness, and open communication are all required for a healthy professional relationship.
  • Let's take a closer look at each of these traits.
  • You can be open and honest in your ideas and actions when you trust your team members.

So, in this instance, Vera is attempting to argue that interpersonal skills are just as vital as technical skills.

Therefore, the correct option is (B) No, human relations skills are just as important as technical expertise.

Know more about technical skills here:

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5 0
2 years ago
A report that shows the financial picture of a company at a given time and itemizes assets, liabilities and stockholders' equity
natta225 [31]

Answer: e

Explanation :

A balance sheet is a statement of the financial position of a business that lists the assets, liabilities and owner's equity at a particular point in time. In other words, the balance sheet illustrates your business's net worth.

The balance sheet may also have details from previous years so you can do a back-to-back comparison of two consecutive years. This data will help you track your performance and will identify ways to build up your finances and see where you need to improve.

A balance sheet reports a company's assets, liabilities and shareholders' equity at a specific point in time, and provides a basis for computing rates of return and evaluating its capital structure . the balance sheet is divided into two sides (or sections). The left side of the balance sheet outlines all a company’s assets. On the right side, the balance sheet outlines the companies liabilities and shareholders’ equity. On either side, the main line items are generally classified by liquidity. More liquid accounts like Inventory, Cash, and Trades Payables are placed before illiquid accounts such as Plant, Property, and Equipment (PP&E) and Long-Term Debt. The assets and liabilities are also separated into two categories: current asset/liabilities and non-current (long-term) assets/liabilities.

3 0
3 years ago
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