Answer:
$ 28.85
Explanation:
Total amount = (200 × $ 25) + ( 200 × $25 × 0.5) = $ 7500
Maintenance margin = (total amount - ( number of shares × price)) / number of share × price
0.3 = (7500 - 200 p) / 200 p
0.3 × 200 p = 7500 - 200 p
60 p + 200 p = 7500
260 p = 7500
p = $ 28.85
1. B) The Encyclopedia of Associations
This publication is a comprehensive directory of more than 20,000 associations, societies, and other non-profit membership organizations in the United States of America.
2. D) Articles on careers published in magazines, newspapers and journals.
These types of publications all come out "periodically" which is why they are known as periodicals and found in a periodical index.
3. D) All of the above
You can search for a book using any of the listed criteria.
Answer:
This results from a shift in the supply curve. For example, there is a severe drought that decreases the production of oranges, and therefore, the production of orange juice. The supply curve of orange juice will shift to the left, decreasing the quantity supplied at every price level. This generally increases the price of orange juice and decreases the quantity.
Answer:
WACC = 5.32%
Explanation:
bond's YTM = 8%
cost of equity = 10%
tax rate = 40%
total bonds = $900,000,000
total common stocks = $100,000,000
total firm's value = $1,000,000,000
to simplify the process I will use hundreds of millions
WACC = (1/10 x 10%) + [9/10 x 8% x (1 - 40%)] = 1% + 4.32% = 5.32%
