Answer:
Answer:
$
Market value of shares (3,000,000 x $15) = 45,000,000
Market value of bonds (30,000,000 x $101/100) = 30,300,000
Market value of the firm 75,300,000
The correct answer is D
Explanation:
Market value of the firm is the sum total of market value of shares and market value of bond. The market value of each stock is equal to number of stocks issued multiplied by current market price of each stock.
Explanation:
Answer:
$24,530, $23,530
Explanation:
Incomplete word <em>"and if the spot price in September proves to be $2,300."</em>
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Note that Call options will be exercised only if the price on expiry is greater than strike price
Strike price = $2400
Premium paid = $53 for each contract, so the total premium paid = $530 for 10 contracts
<u>CASE 1</u>
Price = $2600
As price on expiry=2600 > Strike price=2400
Call option will be exercised.
Company will pay = $2400 * 10+530 = $24,530
<u>CASE 2</u>
Price = $2300
As price on expiry=2300 < Strike price=2400
Call option will not be exercised and will purchase from open market
Company will pay = $2300 * 10+530 = $23,530
Answer:
B) False
Explanation:
The storming stage is the second stage of team development. At this stage, the group members should start gaining each other's trust. They are generally more willing to open up and express their views and opinions. Sometimes conflicts can result from different members' opinions, and power struggle occur within the team.
Most youths don’t want to work, and some that do find it hard getting a job because no one wants to give them a chance. Most places ask for experience in that field but how can I have experience if no one ever gave me a try also the older folks don’t want to give up their seat at the table for anyone.