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3 years ago

Investors who wish to liquidate their holdings in a closed-end fund may ___________________.

Business

1 answer:

ycow [4]3 years ago

3 0

Investors who wish to liquidate their holdings in a closed-end fund may sell their shares on the open market.

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Maloney's, Inc. has found that its cost of common equity capital is 17 percent and its cost of debt capital is 6 percent. The fi

Gwar [14]

Answer:

11.64%

Explanation:

The formula to compute WACC is shown below:

= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of common stock) × (cost of common stock)

where,

Weighted of debt = Debt ÷ total firm

The total firm includes debt, preferred stock, and the equity which equals to

= $3,000,000 + $2,000,000 = $5,000,000

So, Weighted of debt = ($2,000,000 ÷ $5,000,000) = 0.40

And, the weighted of common stock = (Common stock ÷ total firm)

= $3,000,000 ÷ $5,000,0000

= 0.60

Now put these values to the above formula

So, the value would equal to

= (0.40 × 6%) × ( 1 - 40%) + (0.60 × 17%)

= 1.44% + 10.2%

= 11.64%

8 0

3 years ago

Question help what is the definition of monopoly?

Juliette [100K]

Monopoly is a seller<span> that is selling a unique product in the market and in a </span>monopoly<span> market, the seller faces no competition. </span>
A firm that is a monopoly can ignore the actions of other firms. From the given option the following best describes monopoly:
<span>C: A monopoly is a firm that is the only seller of a product in a given industry.</span>

8 0

3 years ago

Which of the following is correct concerning reactions to INCREASES in activity? Total Variable Cost Variable Cost Per Unit A) I

maxonik [38]

Answer:

Total Variable Cost, Variable Cost Per Unit

Explanation:

The increase of the activity is associated with the increase of the total variable costs and costs per the unit and is the sum of the variable cots of each individual product developed and is obtained by multiplying one unit of the variable cost to the products.

6 0

3 years ago

a(n) is one type of marketing intermediary that brings together buyers and sellers and assists in negotiating an exchange, but d

Ratling [72]

An agent and broker is one type of marketing intermediary that brings together buyers and sellers and assists in negotiating an exchange but does not take title to the goods.

<h3>What are agent and broker?</h3>

Agents and brokers are described as the traders that conduct the trade of goods, or can associate with buying and selling processes. It is important to mention that agents and brokers form an important link in influencing a supplier, trading of products, and movement of goods.

The agents and the brokers do not possess the goods but act as an important intermediary who makes it easy to buy and sell. In other words, the agents and the brokers bring the sellers and the buyers together so that an effective negotiation process can be conducted.

It can be concluded that an agent and broker is one type of marketing intermediary that brings together buyers and sellers and assists in negotiating an exchange but does not take title to the goods.

To know more about, agents and brokers, check this link:

brainly.com/question/28264386

#SPJ4

7 0

1 year ago

One year ago, you entered into a futures contract to buy 100,000 euros at a futures contract price of $1.22, with a settlement d

Law Incorporation [45]

Answer:

Profit of $3000

Explanation:

The exchange rate of a future contract is usually fixed at the time when the contract is buy 100,000 euros at a futures contract price of $1.22.

The Value in dollars at the time is: $122,000

At the maturity spot rate of the euro is $1.25.

The value of the contract is: $125,000

The difference:

$125,000-122,000

=$3000.

Since the maturity spot rate is higher, there is a profit of $3000 from speculating with the futures contract.

8 0

3 years ago