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dmitriy555 [2]
3 years ago
6

Slater Mines just called its outstanding bonds at a call price of $1,025. The bonds have a conversion price of $33.33 and a par

value of $1,000. The stock price is currently $33.10. In response to this call, the bondholders should _____ because _____.
Business
1 answer:
Kazeer [188]3 years ago
5 0

Answer:

In response to this call, the bondholders should Accept the call as call price exceeds the conversion value

Explanation:

Number of shares (if bonds are converted) = par value/conversion price = 1,000/33.33 = 30 shares

Current value of 30 shares = 30*current share price = 30*33.10 = $993.10

Call price of $1,025 is greater than the current value of converted bonds, so bondholders should accept the call

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The marginal cost curve crosses the average total cost curve at a. The efficient scale. b. The minimum point on the average tota
polet [3.4K]

Answer:

b. The minimum point on the average total cost curve

Explanation:

the marginal cost is the cost of making or producing one more additional unit of a product and then average total cost is the average of the total cost to produce units so if both these curves intersect then that means that will be the minimum point on the average total cost curve because at a point where if the marginal cost is less than the average cost then the average total cost will fall so the intersection point shows where the average total cost is a minimum because if its above that point the average total cost will rise.

6 0
3 years ago
The commission structure on a stock purchase is $45 plus $0.04 per share. If you purchase five round lots of a stock selling for
Vedmedyk [2.9K]

The commission for purchasing five round lots of a stock selling for $130 is $65.

<h3>What is round lots of a stock?</h3>

A specified quantity of securities to be traded on an exchange is known as a round lot. In the stock market, a round lot is defined as 100 shares or a bigger number that may be divided in half equally.

1 round lots = 100 shares

5 round lots = 500 shares

The commission structure on a stock purchase is $45 plus $0.04 per share.

For 500 shares, the commission is

= 45 + 0.04×500

= 65

Therefore, the commission for purchasing 500 shares of stock selling for $130 is $65.

To know more about commission, here

brainly.com/question/957886

#SPJ4

7 0
1 year ago
What would NOT be part of making a comparison?
Zielflug [23.3K]

The correct answer would be answer choice <u>C. determining the qualities.</u>

When it comes to comparing things you will always use the qualities of the person, place, or thing.

Hope this helps.

~Lexa

5 0
3 years ago
Work requirements were a key feature of the PRWORA policy for welfare receipt. However, because state-supported workfare jobs ar
ololo11 [35]

Answer:

d. a way to increase the number of assistance recipients.

Explanation:

PRWORA policies are updated for welfare receipt. The job is state supported and its costly to administer. The work requirement became a way to increase the number of existing assistance recipients.

4 0
3 years ago
Which of the following statements is not accurate descriptions of the business market? Mrs. Phillip, a retail buyer for Blooming
Natali [406]

Answer:

Mrs. Phillip, a retail buyer for Bloomingdale's, does all the shopping for her family at the same store.

Explanation:

The business market is the market where you can sell your product and services to the other businesses so it can be used as a raw material for the other business in order to manufacture the products. And, the other reason is to purchased the products and resell them.

So based on the given statements, the first option is considered as in the remaining statements there are business transactions but in this only one person i.e. retail buyer is considered

8 0
3 years ago
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