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arsen [322]
3 years ago
10

A hospital revenue bond issue is being underwritten on a negotiated basis. The offering consists of $20,000,000 par value of ter

m bonds. The underwriter has agreed to a spread of $30.00 for each $5,000 bond. The manager has set the additional takedown at $12.00 per bond and the selling concession at $15.00 per bond. If a selling group member sells a $5,000 par value bond, the syndicate member earns:
A. $0
B. $12.00
C. $15.00
D. $27.00
Business
1 answer:
Arlecino [84]3 years ago
3 0

Answer: B. $12.00

Explanation:

Normally the syndicate member is to earn both the additional takedown amount as well as the selling concession should they find the customers.

If a selling group finds the customers however as was the case here, the syndicate member will only earn the additional takedown amount of $12 per bond.

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4 0
3 years ago
True or false: The many legal barriers in place around the world makes it difficult to buy securities from foreign companies.
Margarita [4]

Answer:

false

Explanation:

thanks to expanded communications and the relaxation of many legal barriers, investors can buy securities from companies anywhere in the world.

6 0
1 year ago
discuss what the scatter chart inidcates about the relationship between profits and market capitalization
Leona [35]

The scatter chart indicates that there is a positive linear relationship between profits and market capitalization.

<h3>What is a Scatter chart?</h3>

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In this case, the scatter is relatively small with a positive slope which depicts a positive linear relationship between the variables.

Read more about Scatter chart here brainly.com/question/6592115

5 0
2 years ago
Google is known for unusual interview questions. Explain what advantages might these have over more traditional questions about
Sonbull [250]

Answer:

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Explanation:

i hope this helped you!

8 0
3 years ago
In an automobile company, the vice president of research and development wants to plan and coordinate the launch of a new car wi
nikdorinn [45]

Answer

Hi,

This type of communication could be interpersonal communication or formal communication

Explanation

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Welcome!

4 0
3 years ago
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