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stepan [7]
3 years ago
11

A customer owns 100 shares of an NYSE listed preferred stock and notices that the typical daily trading volume in the issue is l

ess than 1,000 shares. The customer wants to sell the stock and asks his broker what will happen if there is no ready buyer for the stock. The broker should respond that the Specialist (DMM) on the NYSE flooris obligated to buy the stock at the current market. Specialist/DMMs (Designated Market Makers) are obligated, under NYSE rules, to make a continuous market in the assigned stock. Thus, on the NYSE floor, a customer is always assured that the trade will be executed - however the price at which the trade is executed is always subject to market conditions.
Business
1 answer:
Bingel [31]3 years ago
8 0

Answer:

The broker should respond that the Specialist (DMM) on the NYSE flooris obligated to buy the stock at the current market.

Explanation:

Now under the NYSE rules, to make a nonstop market in the assigned stock. A customer is will always be guaranteed that the trade will be executed - on the other hand, the price at which the trade is effected is constantly subject to various market conditions.

So the best response from the broker is that the Specialist (DMM) on the NYSE floors is required to buy the stock at the current market.

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Suppose you held a diversified portfolio consisting of a $7,500 investment in each of 20 different common stocks. The portfolio'
Solnce55 [7]

Answer:

What would your portfolio's new beta be? 2,04

Explanation:

"To calculate the ending Beta by changing one stock it's necessary to find how much weigh the stock we are removing from the portfollio.

7.500 / 150.000 = 0,050 , now we have the participation of the stock in the portfolio, then we weigh the beta of the stock we want to remove by this number, 1,00 (Beta) x 0,050 (weight in the portfolio) = 0,050 (Beta), the number it's the same as the weight because the Beta is 1,00.

Now with this final number we can ponderate the new Beta in the Portfolio, so we multiply the 0,50 (weight) * 0,75 (New Beta) = 0,038 New Beta. We substitute the beta we remove for this one and we get the NEW BETA PORTFOLIO of 2,04. Please see details below:

Portfolio  #   Beta    NEW Beta   Weight  Old Beta   New Beta  

$ 7.500 1  1,00   0,75   0,05   0,05   0,04  

$ 7.500 2  2,05   2,05   0,05   0,10   0,10  

$ 7.500 3  2,05   2,05   0,05   0,10   0,10  

$ 7.500 4  2,05   2,05   0,05   0,10   0,10  

$ 7.500 5  2,05   2,05   0,05   0,10   0,10  

$ 7.500 6  2,05   2,05   0,05   0,10   0,10  

$ 7.500 7  2,05   2,05   0,05   0,10   0,10  

$ 7.500 8  2,05   2,05   0,05   0,10   0,10  

$ 7.500 9  2,05   2,05   0,05   0,10   0,10  

$ 7.500 10  2,05   2,05   0,05   0,10   0,10  

$ 7.500 11  2,05   2,05   0,05   0,10   0,10  

$ 7.500 12  2,05   2,05   0,05   0,10   0,10  

$ 7.500 13  2,05   2,05   0,05   0,10   0,10  

$ 7.500 14  2,05   2,05   0,05   0,10   0,10  

$ 7.500 15  2,05   2,05   0,05   0,10   0,10  

$ 7.500 16  2,05   2,05   0,05   0,10   0,10  

$ 7.500 17  2,05   2,05   0,05   0,10   0,10  

$ 7.500 18  2,05   2,05   0,05   0,10   0,10  

$ 7.500 19  2,05   2,05   0,05   0,10   0,10  

$ 7.500 20  3,10   3,10   0,05   0,15   0,15  

$ 150.000               1,000   2,05   2,04  

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

7 0
3 years ago
4. The national average utility cost is $270. 48 per month. If the average electric bill is 44. 9% of the total amount and the a
den301095 [7]

The cost of using utilities such as water, heating, electricity, waste disposal, and sewage is known as utility expense. Expenses are incurred throughout the reporting period, computed and accumulated for, or payment is made.

Option A is the correct answer, the average power bill in Orlando is $138. 66, which is $17. 21 higher than the national average.

<h2>Step-by-step explanation:</h2>

44.9&#10;&#10; % \text{of} 270.48 = 0.449(270.48) = 121.45.&#10;

44.9 % \text{ of } 308.83 = 0.449(308.83) = 138.66.&#10;&#10;&#10;

<h3>The cost of the Orlando bill:</h3>

138.66-121.45 = 17.21 higher than the national average.

So, the average Orlando eclectic bill is $138.66. This is $17.21 greater than the average electric bill in the United States.

For more information about the national average, refer below:

brainly.com/question/8212077

4 0
2 years ago
Marketing involves which of the following : A. Advertising B. Transporting products C. Taking surveys D. All of the above
IgorLugansk [536]
The following day I can send it off a couple advertising
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3 years ago
Which of the following foundation items must be integrated under a concrete cap?
Korolek [52]

Answer:

The answer is C. Driven piles.

Explanation:

Driven piles, in construction, are used in the building of foundations and they are also used to provide support for structures. This is evident in transferring their load to layers of soil or rock which possess the bearing capacity that is sufficient and also suitable settlement characteristics.

Driven piles are also used in the support of the following structures:

- embankments,

- retaining walls,

- anchorage structures

- cofferdams,

- bulkheads,

- buildings,

- towers,

- bridges,

- tanks,

- walls, etc.

Driven piles are the most cost-effective solution for deep foundation.

3 0
2 years ago
A. atlas
Arada [10]

Answer:

Huh? Ano yung tanong miss?

7 0
2 years ago
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