You might be talking about appellation, a legally defined geographical place or indication where wine grapes are grown. Almost all decent wines have appellation printed on their labels. Even wine blends must have respective appellations of wine grapes it is made from. Many wines sold in bulk, however, are blends of red or white wines from all around the world. Therefore, most bulk wines does not have appellation and that also makes them cheap..
If the merge happens, shareholders of both companies will have a stake in the new one.
Merger announcements will specify what percentage of the combined company each group of shareholders will own based on the deal's terms. Shareholders whose shares are not exchanged will find their control of the larger company diluted by the issuance of new shares to the other company's shareholders.
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Answer:
The correct answer is 18.84%.
Explanation:
According to the scenario, computation of the given data are as follows:
Time period ( Nper) = 18 years
Rate = 9.625%
Let FV = $1,000
Coupon rate = 7.625%
Then, Coupon payment = $1,000 × 7.625% = $76.25
Attachment is attached of financial calculator
So PV = $831.95
After 1 year
Time period (Nper) = 17 years
Rate = 8.625%
Payment = $76.25
Attachment is attached of financial calculator
So, Pv = $912.46
So, we can calculate the holding period return by using following formula:
Holding period return = Total return ÷ Investment × 100
= ( $912.46 + $76.25 - $831.95) ÷ $831.95 × 100
= 18.84%
<span>c. handle all of the principal's affairs in one or more areas
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