Answer:
Delegation.
Explanation:
As Fun-Time Novelties, makers of stickers and other party favors, has seen remarkable growth in the last few years. This has required managers such as Celine, head of shipping for the company, to assign tasks to subordinates. Celine is making use of a process known as delegation. Delegation can be defined as assigning of an authority to another person, mostly it is done by a manager when he or she assigns any work to his or her subordinates in order to accomplish certain tasks and activities. The person who delegates the work is still held responsible and accountable for the work which he or she has delegated to someone else.
Answer:
Levered - $280,800,000
Unlevered - $398,400,000
Explanation:
The formula to compute the equity value is shown below:
Equity value = Number of outstanding shares × current worth per share
For Levered, the equity value would be
= 2,600,000 shares × $108
= $280,800,000
For Unlevered, the equity value would be
= 4,800,000 shares × $83
= $398,400,000
We simply multiply the number of outstanding shares with the current worth per share so that the equity value can come.
A dual-currency bond is known to be a hybrid debt instrument that often has payment obligations over the life of the issue. A dual currency bond is a straight fixed-rate bond issued in one currency that pays coupon interest in that same currency.
- In dual currency bond, the borrower often makes coupon payments in one currency, but get the principal at maturity in another currency.
Its advantage is that Investors using this bonds often gets higher coupon payments than straight bonds etc.
Straight fixed-rate bond issues often have a Known maturity date where the principal of the bond issue is said to be repaid.
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