Answer:
It should be recommended that the customer should sell long.
Explanation:
As the offer in the question is contigent on 64% of the tendered shares, this makes the tender be inappropriate if the customer wants to cash out the position.
The right step to take is by selling the long position that has a new higher market price.
Therefore, it should be recommended that the customer should sell long.
Note that to sell long implies that stocks or any other financial investment instrument are purchased now for the purpose of selling them at a higher future price in order to make a profit.
Answer:
The answer is: A) Wholesaling
Explanation:
Wholesaling is basically selling goods in bulk to smaller retailers, industrial or commercial companies, or other institutions that generally resell them in smaller quantities or as different processed goods. It is basically selling your product to anyone besides the final consumer.
In this example Dailies sells bread and vegetables to several restaurants, who later processes them into a different product (i.e. salad, sandwich) and sells them to their final customers.
Answer:
b. $6,600,000
Explanation:
The computation of the fee is shown below:
= Annual management fee + performance management fee
where,
Annual management fee = $400 million × 0.01 = $4 million
And, the performance management fee
= Incentive percentage × hedge fund × excess return
= 20% × $400 million × 3.25%
= $2.6 million
The excess return is
= {($445 million - $400 million) × $400 million - 8%}
= 11.25% - 8%
= 3.25%
So, the fee is
= $4 million + $2.6 million
= $6.6 million or $6,600,000
<u>Explanation:</u>
The Bangkok treaty of 1901 contains the agreement between Britain and Bangkok to build a railways between Siam and Malayan. Britain was ready to loan a value of 4 Million pound with an interest of 4%.
Also according to the agreement Siam has given the control of four states Kedah, Kelantan,Trengganu and Perlis to Britain. The debts of these four states were borne by Britain. Even financial advisory by Britain did not improve these states. This treaty created a better Siamese and Britain relationship.
Was killed in an accident or was dismembered.
The AD&D provision of life insurance stands for Accidental Death and Dismemberment. Should a person die in an accident this is additional money that their beneficiary would receive. These plans also pay for dismemberment, which means that you would receive a payment if you were dismembered as the result of an accident. This may include injuries like loss of a limb, loss of sight or loss of hearing.
