Answer and Explanation:
d. All of these answer choices are correct.
Answer:
A) Oversubscribed
Explanation:
An IPO is described as oversubscribed when the demand for the shares on offer exceeds the stock available. The interest in the IPO by investors is very high that the shares on offer cannot meet the demand. The degree of the over-subscription is expressed by a multiple. For example, Company XYZ shares are oversubscribed two times.
An oversubscribed share will often transact at a higher price when trading begins. A company whose shares have been oversubscribed can take advantage and offer more shares. Over-subscription contrasts under-subscription, which is a situation of low demand for an IPO that results in some shares not being bought.
Answer:
e. $638
Explanation:
payment to be made as per forward contract (IN $)
= 39960/ 1.682
= $23757.43
now the actual rate after 90 days is 1.638
payment at 1.638 rate = 39960/ 1.638
= $24395.6
loss by hedging = $24395.6 - $23757.43
= $638.17
Therefore, The U.S. firm have saved or lost $638 in U.S. dollars by hedging its exchange rate exposure.
Answer:
The correct answer is letter "B": 10 years
.
Explanation:
The standard repayment method of student loans is the most commonly used among college borrowers because most of them do not choose one repayment plan at the moment of selecting the loan. The standard repayment term is defaulted by the creditor in 120 months or 10 years.
I think it's A.
If supply increases, cost decreases.
If supply decreases, cost increases.
I hope it helped you!
