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Allisa [31]
2 years ago
11

A sewage treatment revenue bond issue is being underwritten on a negotiated basis. The offering consists of $50,000,000 par valu

e of term bonds. The underwriter has agreed to a spread of $45.00 for each $5,000 bond. The manager has set the additional takedown at $20.00 per bond and the selling concession at $22.00 per bond. If a selling group member sells a $5,000 par value bond directly to the public, the selling group member earns:____________
Business
1 answer:
Slav-nsk [51]2 years ago
5 0

Answer:

The multiple choices are :

a.$8

b.$20

c.$22

d.$45

The correct option is C.$22

Explanation:

The earnings accruing to the selling group is the selling concession of $22 per $5,000 per bond.

Option A is obviously wrong as there is nothing in the questions that suggest earnings of $8 per bond for the selling group.

Option D is wrong as well because $45 per bond is the spread  which is the extra yield to bondholders when compared to investment in government securities

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yuradex [85]

Answer:a

Explanation:

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Hardigree Corporation makes a product that has the following direct labor standards: Standard direct labor-hours 0.3 hours per u
djyliett [7]

Answer:

4,140 U

Explanation:

According to the scenario, calculation of the given data are as follows,

Actual Hours = 2,820 hours

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Standard direct labor hour = 0.3 hours

We can calculate labor efficiency variance by using following formula,

Labor Efficiency Variance = Actual hours standard cost  - Standard cost

Where, Actual hours standard Cost  = Actual hours × Standard rate

= 2,820 × 23

= 64,860

Standard Cost (8,800 units) = Standard hours (8,800 units) × Standard rate

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= 60,720

Hence, by putting the value in the formula, we get

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= 4,140 U

8 0
2 years ago
An investment that costs $5,800 will produce annual cash flows of $2,480 for a period of 4 years. Given a desired rate of return
aleksandrvk [35]

Based on the present value of the annual cash flows and the investment cost, the present value index is 1.39

<h3>How is the present value index calculated?</h3>

To find the present value index, use the formula:

= Present value of cash flow/Investment cost

The present value of cash flow is:

= Annual cash flows x Present value interest factor of annuity, 9%, 4 years

= 2,480 x 3.239719877

= $8,034.51

The present value index is:

= 8,034.51 / 5,800

= 1.39

Find out more on present value index at brainly.com/question/23259683

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1 year ago
A _________ specializes in developing plans and recommendations that meet the software and system needs of an organization.
Gwar [14]

A person that develop plans as well as making recommendations so that software and system needs can be met in an organization is systems analyst.

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Therefore, systems analyst is correct.

Learn more:

brainly.com/question/9349989?referrer=searchResults

5 0
2 years ago
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