Answer:
$9
Explanation:
Calculation for how much the common shares of FYZ are trading
First step is to find the conversion ratio
Using this formula
Conversion ratio =Market price of the convertible+Conversion price)/Conversion price
Let plug in the formula
Conversion ratio=$70/$10
Conversion ratio=7
Second step is to calculate for the Parity price of the common stock
Using this formula
Parity price=Market price of the convertible / conversion ratio
Let plug in the formula
Parity price=$70/7
Parity price=$10
Last step is to calculate how much the common shares of FYZ are trading
Using this formula
Common shares =Parity price-Common stock trading point
Let plug in the formula
Common shares =$10-1
Common shares=$9
Therefore the common shares of FYZ are trading at $9
Answer:
All of the options.
Explanation:
Professor Robert Baron Triffin was born on the 5th of October, 1911 in Flobecq, Belgium. He was a Belgian-American economist who became famous for his criticism of the Bretton Woods system of fixed currency exchange rates when he appeared and testified before the US Congress in 1959.
The Triffin paradox:
1. Warned that the gold-exchange system of the Bretton Woods agreement was programmed to collapse in the long run.
2. Was indeed responsible for the eventual collapse of the dollar-based gold-exchange system in the early 1970s.
3. Was first proposed by Professor Robert Triffin.
Answer:
A. the type of material that was used to make it.
Explanation:
Answer:
A is the answer I thank if not it c but my eyes is mostly on A bc it sounds right and looks rught
From previous lessons, we have learned that factors of production are land, labour, capital and entrepreneur. ... The demand for a factor of production is a derived demand, meaning that a firm's demand for a factor of production is derived from its decision to supply a good in another market.