N=log((1−14,880×0.0106÷660)^(−1))÷log(1+0.0106)=25.9 months
Answer:
$19,700
Explanation:
The total proceeds from the auction will be calculated as follows:
A. 200 shares for $40 = 200 shares * $40 = $8,000
B. 300 shares for $39 = 300 shares * $39 = $11,700
This makes a total of 500 shares at a total proceeds of $19,700
In Dutch auction method rate per share is noted by the auctioneers to calculate the highest proceeds which can be generated through the auction. The bid from the highest rate are entertained first and in this case bidder A and B are selected.
Answer:
C)
Explanation:
He can file a strict liability lawsuit against Big Ben Forts for failure to provide adequate instructions on assembling the product.
Answer:
b. increases to $206
Explanation:
Based on the above information given the holder of the call option will earn a profit if the price of the share increase to 206 because
the price of the stock have to increase to above $205 breakeven which is ($200+$5) in order for the option holder to earn a profit or make a gain.
Hence:
$200 + $5
= $205 (breakeven)
Therefore the holder of the call option will earn a profit if the price of the share increases to $206
