Answer:
B. the transfer of a previously-issued security with a very long maturity
Explanation:
The secondary market is a market were securities previously bought directly from the original issuer can be traded or exchanged i.e. transferred to other interested investors for a consideration. Apart from stocks, other securities that can be bought and sold in the secondary market are bonds, options, and futures.
The words follow on public offering and aftermarket are also used interchangeably with secondary market. New issues are traded on the primary market.
Answer:
28 month (approx)
Explanation:
Given
Present value = $470
Monthly Payment = $20
Interest Rate = 15% annual = 15% / 12 = 1.25% monthly
=0.0125
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A credit history is a record of a borrower's responsible repayment of debts. A credit report is a record of the borrower's credit history from a number of sources, including banks, credit card companies, collection agencies, and governments.
A good credit score means that the person receiving the loan is reliable and will be more likely to pay off the loan in a reasonable amount of time.
Answer:
$8,542,000
Explanation:
Stockholder's equity is computed as seen below;
Common stock and paid in capital
$4,900,000
Retained earnings
$3,900,000
Treasury stock
($258,000)
Total stockholder's equity
$8,542,000
Therefore the shareholder equity basis as of Dec 31 2022 is $8,542,000