1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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)

You might be interested in
How can you reach the best version of yourself?
forsale [732]

Answer:

A and B

Explanation:

Unless you can choose B by itself then go with A and B.

4 0
2 years ago
Read 2 more answers
g Banks advertise Group of answer choices the real interest rate, which is how fast the dollar value of savings grows. the real
Serhud [2]

Answer: The Nominal Interest rate, which is how fast the dollar value of savings grows

Explanation:

Banks advertise the Nominal Interest rate. This is the rate that measures purely, how much return is received or paid if one lends out money or borrows money respectively.

It is therefore the value at which savings grow.

It is not adjusted for inflation yet but when adjusted is called the REAL INTEREST RATE.

It is important to note that when Banks advertise the Nominal rate, it is not yet adjusted for fees or the compounding of interest.

3 0
3 years ago
The American economy consists of a complex combination of organizations and variables, such as countless companies differing in
Jlenok [28]

Answer:

The correct answer is The Theory of complexity.

Explanation:

The Theory of Complexity and Organizations, also called complexity strategy or adaptive complex organization, is the use of complexity theory in the field of strategic management and organizational studies.

The complexity theory has been used in the fields of strategic management and organizational studies. Areas of application include an understanding of how organizations or companies adapt to their environment and how they deal with situations of uncertainty. The theory treats organizations and companies as collections of strategies and structures. The structure is complex, because they are dynamic networks of interactions, and their relationships are not the result of the aggregation of individual static entities. They are adaptive; Because individual and collective behaviors mutate and organize themselves in response to the initial changes of micro events or the total set of events.

7 0
3 years ago
Economists have remained skeptical of the argument that the​ short-run Phillips curve is vertical for all of the following reaso
Harlamova29_29 [7]

Answer: A- Workers and Firms May not have rational expectations.

5 0
3 years ago
Monica wants to pursue a degree in psychology and has enrolled in the bachelor of arts program at ashford. her ultimate goal is
solong [7]
Gigabytes?? I am old skool...but I think that may b your answer...Google it tho...
8 0
3 years ago
Other questions:
  • You find a certain stock that had returns of 13 percent, −20 percent, 21 percent, and 12 percent for four of the last five years
    7·2 answers
  • In a spreadsheet, what is a line of data organized vertically, from top to bottom? A. A row B. A column C. A table D. A cell
    5·2 answers
  • We need both ornament and implement in our society; we need the artist and the _..........
    13·1 answer
  • Workhorse Air Crane Corporation employs aircraft mechanics, computer programmers, outside salespersons, and professionals, inclu
    5·1 answer
  • Economic growth is likely to be faster when Group of answer choices higher tax rates are imposed on high income individuals in o
    11·1 answer
  • As discussed in the lecture video, Crocs’ plastic molding and sandal design capabilities have provided the firm with only a temp
    7·1 answer
  • PLEASE HELP ME ILL MAKE YOU BRAINLIEST
    9·1 answer
  • Which of the following is an internet job search "do"​
    11·2 answers
  • Al’s Automotive started the year with total assets of $250,000 and total liabilities of $180,000. During the year, the business
    6·1 answer
  • Social security pays $0. 90/dollar for your first $826 in earnings, $0. 32/dollar for the next $4154 in earnings, and only $0. 1
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!