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Sedaia [141]
3 years ago
15

Juno Markets is offering 900 shares in a Dutch auction IPO. The following bids have been received: How much will Bidder B have t

o spend to purchase all of the shares that have been allocated to him
Business
1 answer:
inn [45]3 years ago
5 0

Answer:

$4,320.00

Explanation:

Calculation to determine How much will Bidder B have to spend to purchase all of the shares that have been allocated to him

Bidder B Cost = 300 *[900/(100 + 300 + 400+200)] *$16

Bidder B Cost = 300*[900/1,000)*$16

Bidder B Cost = 300*0.9*$16

Bidder B Cost = $4,320.00

Therefore The amount that Bidder B will have to spend to purchase all of the shares that have been allocated to him is $4,320.00

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References are typically included on a résumé. Please select the best answer from the choices provided T F
Vsevolod [243]

Answer:

TRUE .

the answer is true

Explanation:

3 0
3 years ago
Read 2 more answers
Sunset Corp. has a bond outstanding with a coupon rate of 5.94 percent and semiannual payments. The yield to maturity is 5.1 per
borishaifa [10]

Answer:

$2,189.76

Explanation:

<em>The price of a bond is the present value (PV) of the future cash inflows expected from the bond discounted using the yield to maturity.</em>

<em>The price of the bond can be calculated as follows:</em>

<em>Step 1</em>

<em>PV of interest payment</em>

Interest payment =( 5.94%× $2000)/2

= $59.4

Semi annual yield = 5.1/2 = 2.6%

PV of interest payment

= 59.4× (1-(1.026)^(-20×2))/0.026)

= 59.4 × 24.41400537

=<em>$ 1,450.19</em>

Step 2

<em>PV of  redemption value</em>

=  2,000 × (1+0.051)^(-20)

= 2,000 × 0.369781925

=   739.56

Step 3

<em>Price of bond  </em>

= $1,450.19 + $739.56  

=$2,189.76

6 0
3 years ago
Cash paid to retire notes $ 112​ Common shares acquired for treasury 172​ Proceeds from issuance of preferred stock 254​ Proceed
arsen [322]

Answer:

$176 million

Explanation:

The calculation of net cash inflows from financing activities is shown below:-

Net cash inflows from financing activities

Proceeds from issuance of preferred stock $254 million

Proceeds from issuance of subordinated  bonds $292 million

Less: Cash dividends paid on preferred stock (86) million

Less: Cash paid to retire note ($112) million

Less: Common shares acquired for treasury (172) million

Net cash inflows from financing activities $176 million

The positive sign represents the cash inflow and the negative sign represents the cash outflow

6 0
4 years ago
You have $65 in your savings account at the beginning of a month. The bank pays you
wel

Answer:

$0.15

Explanation:

Interest is calculated using the formula below.

I = P x i x t

where I = interest

P= principal amount.

i=interest rate

t=time

Interest is given as an annual percentage. A 2.75 % interest will translate to 2.75/100 divided by 12 monthly interest. Therefore, the applicable interest rate is 0.00229 %

interest for the month will be

i=$65 x 0.00229 x 1

=$0.14895

=$0.15

3 0
4 years ago
Scenario 1.1 The management of a multinational corporation establishes an efficient, specialized human resource (HR) department
Verdich [7]

Answer:

C. Personnel management

Explanation:

The personnel management, the HR it’s a transversal are inside the companies and its and important issue inside the company’s management, it is a reason because you have to improve the conditions to the employees and make more attractive the company allow that the best human capital be interesting in work to the firms that make these types of changes allows to get the best results thanks to the people that work for the organisation .

4 0
4 years ago
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