Answer: The statement is <u>TRUE.</u>
Financial intermediaries are those people or companies that offer financial services to the investor without the latter having to contact the issuer of the financial instrument.
Its function is that of intermediation between people who save and people who need financing, that is, between buyers and sellers.
Answer:
The nominal interest rate which the bank will offer is of 10.24%
Explanation:
according to Irwin formula the bank will charge a nominal rate that ensures a real rate of 6% thus:
1.06*1.04-1 = 0.1024 = 10.24%
<span>A cybermall is a website that allows visitors to browse through a wide variety of products from varying etailers. </span>
Answer:
$13,000,000
Explanation:
Given that,
Total Book Value of Equity = $20,000,000
Common stock outstanding = 1,000,000 shares
Selling price per share = $33.00
Market value of equity:
= Selling price per share × Shares outstanding
= $33.00 × 1,000,000
= $33,000,000
O'Brien's MVA:
= Market value of equity - Total Book Value of Equity
= $33,000,000 - $20,000,000
= $13,000,000
Answer:
greenfield venture.
Explanation:
The greenfield venture is the venture is a type of foreign direct investment i.e. FDI in which the investment is made either by an individual, firm or company in the other country. In this the business is developed from the initial stage also it has the highest controlling power. Also to set up the business in other countries, various benefits are provided that are in terms of discount, commission, subsidies, tax benefits
Therefore the given situation represents the green field venture example
