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Effectus [21]
3 years ago
7

An investment banker agrees to a firm commitment offering of two million shares of Ace stock. The offer price is set at $55 and

the spread is 50 cents per share. If the stock is actually sold to the public at $53.80, however, what is the investment banker's gain or loss?
Business
1 answer:
balandron [24]3 years ago
8 0

Answer:

loss of $ 1,400,000.00

Explanation:

Amount of share : two million:

offer price per share: $55

selling price per share: $53.80

Loss per share: $1.20

Total loss= $1.2X2,000,000= ($2,400.000.00)

Earning from spread: 0.5x2,000,000.00 =$1,000.000.00

Net earning: (2,400,000.00)+$1,000,000.00=($ 1,400,000.00)

loss of $ 1,400,000.00

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A $1,000 face value bond has a coupon rate of 7 percent, a market price of $989.40, and 10 years left to maturity. Interest is p
dlinn [17]

Answer:

4.95%    

Explanation:

For computing the yield to maturity when expressed in real terms, first we have to find out the yield to maturity by applying the RATE formula that is shown in the attachment

Given that,  

Present value = $989.40

Future value or Face value = $1,000  

PMT = 1,000 × 7% ÷ 2 = $35

NPER = 10 years × 2 = 20 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this,  the yield to maturity is 7.15%    

Now in real terms, it would be

= 7.15% - 2.2%

= 4.95%    

7 0
2 years ago
7.) Geometry: Which set of ordered pairs can be connected in order to
TiliK225 [7]

Answer:

C. (2,2), (2,-2), (-2,-2), (-2,2)

sorry if it's wrong

brainiest please

4 0
3 years ago
Krit Corp. is a US manufacturing company based in the Midwest. As an investor, Wilson bought 200 shares of stock in Krit Corp. T
Westkost [7]

Answer:

total wealth in Krit Corp is $5000

Explanation:

given data

stock  = 200 shares

treading = $25 per share

to find out

total wealth in Krit Corp

solution

we know here investor bought 200 share at $25 per share current treading

so here

total wealth in Krit Corp wuill be = stock × treading ...............1

put here all these value we get in equation 1

total wealth in Krit Corp = stock × treading

total wealth in Krit Corp = 200 × 25

total wealth in Krit Corp = $5000

so total wealth in Krit Corp is $5000

3 0
3 years ago
The traditional _____ method of developing a marketing plan has four main elements: situation analysis, marketing objectives, ma
Mazyrski [523]

Answer:

Top down

Explanation:

Top down marketing plan is one in which the sales are directed towards a target market in such a way that it relates to the needs of the target market as well as specifying sales objectives.

Top down marketing involves situation anaysis, marketing objectives, marketing strategy ans marketing tactics.

Cheers.

3 0
2 years ago
Read 2 more answers
Are these right? I’m not sure can you give me the answers?
agasfer [191]
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4 0
3 years ago
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