All categories

3 years ago

The Securities Act of 1933 does not apply to the issuance of securities under $5 million. Question 4 options: True False

Business

1 answer:

kogti [31]3 years ago

3 0

Answer:

False

Explanation:

The Securities Act of 1933 requires the registration of all the securities issued and sold ob public markets. This act had some exemptions:

private offerings (if the securities were offered to a certain group of persons and/or institutions)
offerings of a limited size: a very small issuance would be excluded, but remember that $5 million of 1933 are equivalent to more than $98 million today (average annual inflation of 3.48%)
securities issued by government entities
securities issued on intrastate offerings (only traded within a given state)

You might be interested in

The Skysong Inc., a manufacturer of low-sugar, low-sodium, low-cholesterol TV dinners, would like to increase its market share i

DENIUS [597]

Answer:

Building C

Explanation:

Building A: Purchase for a cash price of $620,000, useful life 27 years.

Building B: Lease for 27 years with annual lease payments of $71,170 being made at the beginning of the year.

Building C: Purchase for $657,500 cash. This building is larger than needed; however, the excess space can be sublet for 27 years at a net annual rental of $6,200. Rental payments will be received at the end of each year.

11% cost of funds

we must determine the present value of each option:

Building A's present value = $620,000
Building B's present value = $71,170 x 9.48806 (PV annuity due factor, 11%, 27 periods) = $375,265.23
Building C's present value = $657,500 - [$6,200 x 8.5478 (PV ordinary annuity factor, 11%, 27 periods) = $657,500 - $52,996.36 = <u>$604,503.64 (LOWEST PV)</u>

7 0

3 years ago

Leonard is evaluating a $400,000 mortgage. He can get a 30-year 6 percent fixed-rate mortgage with principal and interest paymen

bija089 [108]

Points are an upfront charge by the lender that is part of the price of a mortgage. Points are expressed as a percent of the loan amount, with 2 points being 2%. On a $400,000 loan,

solutions

Loan Amount $400,000

Loan Term (in months) 360 months

mortgage I mortgage II

Interest Rate 6.000% 5.750%

Points 0.00% 2.00%

Loan Payment Amount $2,398.20 $2,334.29

Costs Over 30 — Year Period

Points Paid in Cash $0 $8,000 $($400000×2÷100)$

Monthly Costs -

Principal and Interest $863,348 $840,340

Lost Interest

On Points $0 $0

On Monthly Costs $0 $0

Total Costs $863,348 $848,340

Reduction in Loan Balance $400,000 $400,000

Total Cost Offsets $400,000 $400,000

Cost Net of Offsets $463,348 $448,340

Conclusions - Based on a 30 Year Holding Period

Over the next 30 years the High Interest / Low Points Loan Will Save You: $15,008

In Months, the Break-even Point Occurs in 1 months

In Years, the Break-even Point Occurs in 0.0833 years

5 0

4 years ago

Now, suppose first main street bank loans out all of its new excess reserves to becky, who immediately uses the funds to write a

Gennadij [26K]

The answer is <span>when second republic bank lends out all of its new excess reserves to hubert</span>

8 0

4 years ago

_______________ is intentionally or unintentionally using someone else's work without giving credit to the original author or cr

nasty-shy [4]

Answer:

b. Plagiarism

Explanation:

Plagiarism refers to the action of presenting somebody else work as your original work acknowledging the original author. Plagiarism may be deliberate or unintended. The internet has software applications that assist students and scholars check against plagiarism.

Plagiarism is considered an offense in the academic and scholarly world.

8 0

3 years ago

Read 2 more answers

The time horizon of the demand curve is one determinant of the price elasticity of demand.If the price of gasoline is relatively

Genrish500 [490]

Answer:

more

Explanation:

we know that here Price Elasticity of demand is express as

Price Elasticity of demand = PercentageChange is quantity demanded ÷ PercentageChange in price ...........................1

so that, Demand for gasoline is more elastic in the long run than in the short run because in the long run people can change their preferences and choices.

3 0

3 years ago