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SOVA2 [1]
2 years ago
14

You have been instructed to place an order for a client to purchase 500 shares of every IPO that comes to market. The next two I

POs are each priced at $26 a share and will begin trading on the same day. The client is allocated 500 shares of IPO A and 240 shares of IPO B. At the end of the first day of trading, IPO A was selling for $23.90 a share and IPO B was selling for $29.40 a share. What is the client's total profit or loss on these two IPOs as of the end of the first day of trading
Business
1 answer:
larisa [96]2 years ago
4 0

Answer:

At the end ofthe day it loss 504

Explanation:

First, we will compare the IPO value with the market price to check the result per share

IPO A             26

market value 23.90

loss per share 2.1

IPO B             26

market value 29.4

gain per share 3.4

Then, we multiply by the amount of shares for each IPO

shares of IPO A 500

loss for IPO A 500x 2.1 = 1,050

shares of IPO B 240

gain for IPO B 240 x 2.1 = 504

Last, we put the values together and get the net for the transaction

IPO A (1,050)

IPO B    504

total     (546)

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Create a Painting class that holds the painting title, artist name, and value. All Paintings are valued at $400 unless they are
AlexFokin [52]

Answer:

#include<iostream>

#include<string>

#define N 10

#define M 4

using namespace std;

class Painting

{

protected:

string title;

string author;

int value;

public:

Painting(string Title="", stringAuthor="",int Value=400) {title=Title;author=Author;value=Value;}

void setTitle(string newTitle){title=newTitle;}

void setAuthor(string newAuthor){author=newAuthor;}

void display() {cout<<"Title:"<<title<<endl; cout<<"Author:

"<<author<<endl<<"Value:

"<<value<<endl;}

};

class FamousPainting:public Painting

{

public:

FamousPainting(string Title, stringAuthor, int Value=25000): Painting(Title,Author,Value){}

};

int main()

{

Painting *paintings=new Painting[N];

stringfamous[M]={"Degas","Monet",

"Picasso","Rembrandt"};

string title, author;

int i,k,j;

for(i=0;i<N;i++)

{

cout<<"Input title: ";

getline (cin, title);

cout<<"Input author: ";

getline (cin, author);

k=-1;

for(j=0;j<M;j++)

if(famous[j]==author)

{

k=j;

break;

}

if(k>=0)

paintings[i]=FamousPainting(title,author);

else

paintings[i]=Painting(title,author);

}

for(i=0;i<N;i++)

{

cout<<"Painting#"<<i<<":"<<endl;

paintings[i].display();

}

return 0;

}

Explanation:

6 0
2 years ago
How did the constitution differ from the articles of confederation? Match the correct document on the left to each of the featur
Bumek [7]

How the constitution differs from the Articles of the Confederation.

The Constitution of the United States was created on September 7, 1787, and ratified on June 21, 1788. It is the present constitution of the United States, although it has been amended many times.

The Articles of Confederation were the first introduced constitution of the United States. It was created on November 15, 1777, and ratified on March 1, 1781.

<h2>Further Explanation</h2>

The Constitution of the United State operates the bicameral legislature, which consists of the senate and the House of Representatives. It is also known as CONGRESS. There are up to 2 senators from each state and the numbers of representatives depend on the actual population of each state. Members of Congress are elected by the people and the voting in congress is one vote per one representative. There is also an executive arm of government headed by the PRESIDENT.

The Articles of Confederation operates unicameral legislature, also known as the CONGRESS. There are 2 to 7 members that represent each state. The voting pattern in congress is one vote per state and the members of congress are appointed by the state legislators. The executive arm of government is not recognized in the articles of the confederation.  

LEARN MORE:

  • What is a constitution brainly.com/question/13355538
  • the Articles of Confederation brainly.com/question/2786803

KEYWORDS:

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5 0
2 years ago
Read 2 more answers
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blondinia [14]

Answer:in this photo, this phase of the moon is called waning crescent.

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Explanation: Just did it on edge 2020 :)

8 0
3 years ago
Read 2 more answers
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kaheart [24]

Answer:

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Explanation:

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6 0
3 years ago
On January 3rd, Gates Gems returned merchandise they purchased on account from Jewelry Wholesalers in the amount of $1,450. What
kumpel [21]

i think its called a no take backs

6 0
3 years ago
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