When the first time a corporation sells stock to the general public, it is referred to as an initial public offering.
An initial public offering (IPO) is when shares or stocks of a private corporation are offered to the public in a new stock issuance for the first time. An initial public offering gives the private firm opportunity to raise equity capital from public donors. This action converts the private corporation into a public organization. This is a way for the original investors and founders to realize the full profit from their original investments.
To hold an initial public offering the corporation must meet the requirements of the security and exchange commission (SEC). Investment banks are usually hired by the company to handle the whole process and price market, gauge demand, and set the IPO share prices and dates. An IPO provides corporations with a lot of capital and gives them a chance to grow and expand their horizons.
You can learn more about initial public offering at
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no entendi nadita pero que larga tu prwgunta
Answer:<em>9.5354% or 9.6%</em>
Explanation:
<em>PMT = coupon (interest) payment = 12.2 % * $1,000 = $120</em>
<em>Let t = time left until bond is called = 10 years
</em>
<em>Let F be the face value = $ 1,100 ($ 1,000 + $ 100 (Call premium))</em>
<em>Let the Current bond price = 110 % x 1,000 = $1,100</em>
<em>Now,</em>
<em>The bond price is = PMT x 1-( 1 + r )⁻t / r + F/(1 + r )t</em>
<em>Therefore,</em>
<em>1100 = 100 x 1 - (1 + r)⁻¹⁰/r + 1100/(1 + r)¹⁰</em>
<em>Using the trial and error method,</em>
<em>r= 9.5354%</em>
<em>Then the yield to call (YTC) = 9.5354</em>
9.5354%
Answer:
b. False
Explanation:
Adhocracy refers to a form of organizational culture characterized by quick adaptation and flexibility in approach.
Such culture takes into perspective adaptive or impromptu action in a dynamic business environment.
In the given case, the employee prefers a strict culture, without taking into account external environment and with little flexibility. Also the company is willing to assume risks.
Thus, the given scenario does not correspond to Adhocracy culture.