Answer:
c
Explanation:
here are their assumptions
- All expectations on expected cash flows are homogenous
- bonds and shares are traded in perfect markets - there are no transaction costs. two investments with identical cash flows, terms and risk must trade at the same price
- investors can borrow and lend at the risk free rate
- there are no agency cost
- investing and financing decisions are independent of each other
Answer:A. highest bid price and the lowest ask price
Explanation:the ask price is the lowest price a prospective seller is willing to accept, the bid price is the highest price that a prospective buyer is willing to pay for the security. The highest bid and lowest ask are quoted on most major exchanges, and the difference between the two prices is called the bid-ask spread
Solution :
Number of days = 90 days
Amount invested = $45 million
So the current earnings is 
The number of days is reduced to 50 days. So we can now make the same amount in just 50 days.
So the net increase is what we will make in the remaining
days.
If in 50 days, we earn 0.075 return, then we can consider 50 days as
Then the
days =
return, and
days = 

=
million increase
= $ 5.7 million