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RideAnS [48]
3 years ago
5

Zync Corporation offers a block of its securities for sale to the investment banker that submits the highest price of all intere

sted investment bankers. This procedure is known as a _____.​
a. ​competitive bid
b. financial intermediation​
c. ​negotiated deal
d. ​shelf registration
e. ​dual listing
Business
1 answer:
Butoxors [25]3 years ago
8 0

Answer:

A. competitive bid

Explanation:

Competitive bid -

It is a type of bid , which is basically linked to the price and the proposal by the service provider to the firm , for any type of business , is referred to as a competitive bid.

It can be associated with many other business deals.

Hence , from the question ,

The correct option is A. competitive bid .

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The implicit interest based on the information given is $165.

<h3>How to calculate the interest?</h3>

It should be noted that the implicit interest is calculated as:

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