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2 years ago

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

1 answer:

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.

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.

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A trust deed gives the lender a right to request that the trustee perform certain tasks in order to fulfill the terms of the tru

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Answer:

Naked Title

Explanation:

The naked title entitles in the title holder to enforce trust to comply with the clauses of the agreement because this right is given to the trustee. Such titles does not possesses any sort of rights of the ownership of asset and its use. So the only purpose includes the tax benefits and the enforcement of the compliance with the clauses of agreements.

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3 years ago

The local professional soccer team stadium displays an advertisement for domino’s pizza at halftime. What type of marketing it t

Vilka [71]

The type of marketing that this is is called business to customer strategy. This is called B2C marketing.

<h3> </h3><h3>What is a business to customer strategy? </h3>

This is a type of marketing strategy that has to do with the approach that businesses take to sell their goods and their services to the customers that they have.

The business here is utilizing the fact that they game is at the half time to sell their goods.

At this time, a lot of the audience would feel the need to be refreshed and would need something to eat

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2 years ago

The john deere brand might make someone think of a rugged, midwestern male who is hardworking and trustworthy, which the brand m

Stels [109]

The correct answer is visualization research. The visualization research includes of having to study in means of observing or making use of visualization techniques in order to obtain certain information or that would help support the study that the group or individual is tackling on.

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3 years ago

Contracted parties discharge their obligations by doing what they respectively agreed to do under the terms of an agreement; thi

Schach [20]

If Contracted parties discharge their obligations by doing what they respectively agreed to do: this is called discharge by <u>performance</u>

<h3>What is Discharge by performance?</h3>

Discharge by perfomance can be defined as the process in which a parties in a contract agreed to carryout or agreed to perform their duties based on the terms of their agreement.

By doing so the parties has fulfil their obligation based on their contract agreement which is know as discharge of performance.

Therefore this is called discharge by <u>performance</u>

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2 years ago

The Diamond Outlet has current earnings per share of $1.96 and an expected earnings growth rate of 2.2 percent. The required ret

hjlf

Answer:

the current market value of this stock is $15.96

Explanation:

given

current earnings = $1.96 per share

growth rate = 2.2 percent

return on the stock = 13 percent

current book value = $12.70 per share

solution

first we get here return on equity that is

return on equity = [ current earning per share × ( 1 + growth ) ] ÷ book value per share ....................1

return on equity = $\frac{1.96 + (1+0.022)}{12.70}$

return on equity =15.77 %

and

now we get here payout ration that is

growth rate = retention ration × ROE ....................2

put here value

2.2% = (1 - payout ratio ) × 15.77

payout ratio = 86.05 %

and

now we get here current dividend per share that is

current dividend per share = current earning per share × payout ratio ...........3

put here value

current dividend per share = 1.96 × 86.05 %

current dividend per share = $1.6865

and

now we get here current market value

current market value = [ current dividend per share × ( 1 + growth ) ] ÷ [ required return - growth rate] ....................1

current market value = [Text]\frac{1.6865 \times (1+0.022)}{0.13-0.022}[text]

current market value = $\frac{1.6865 \times (1+0.022)}{0.13-0.022}$

current market value = $15.96

8 0

3 years ago