Answer: Holders of convertible bonds can choose how many shares of stock to receive at conversion
Explanation:
A convertible bond is a debt security that yields the payment of interest, but can also be converted into equity shares or common stock that are predetermined.
The option that holders of convertible bonds can choose how many shares of stock to receive at conversion is wrong. This is because the number I shares that will be eventually converted will already have been fixed.
Answer:
Best answer a. She and her nephew enjoy an afternoon at the zoo.
Explanation:
Answer:
Intrinsic value of the stock = $50
Explanation:
Dividend paid in the upcoming year, D = $3
Dividends are expected to grow at the rate, g = 8% per year
Risk-free rate of return, Rf = 5%
Expected return on the market portfolio, Rm = 17%
Beta = 0.75
Intrinsic value of the stock, Po = ?
Calculating Cost of Equity (Ke)-
Ke = Rf + Beta (Rm - Rf)
Ke = .05 + 0.75 (0.17 - 0.05)
Ke = 0.05 + 0.09
= 0.14
Ke = 14%
Calculating Intrinsic value of stock (P0)
Po = $50
Gordon is over 65, his age "increases his standard deduction", according to the IRS, people over 65 years of age are included in the deductions program, both for those who are single or married, only the amount varies a little, depending on their marital status, in the first case the amount to deduct is $ 1250 and the second is $ 1550.
