Answer:
A firm commitment arrangement with an investment banker occurs when an investment banker buys the securities for less than the offering price and accepts the risk of not being able to sell them.
The correct option is B.
Explanation:
A firm commitment arrangement happens when an investment banker buys the securities for less than the offering price and accepts the risk of not being able to sell them.
However, the issuer receives a little less money than the offering price but he gets a specific amount for all the security being issued. The risk rests completely on the investment banker.
Therefore, the correct option is B.
The correct answer is (b) importing.
importer is buying products from another country.
<h3>What Exactly Is an Import?</h3>
An import is an item or service purchased in one nation but manufactured in another. The two pillars of global trade are imports and exports. if a nation's imports are more than its exports in value.
Free-trade agreements and a reliance on imports from nations with less expensive labor frequently appear to be the main causes of the reduction in manufacturing jobs in the importing country. Free trade makes it easier to import products and raw materials from regions with less expensive labor costs, which lessens the need for domestically produced items. Between 2000 and 2007, the effects on manufacturing jobs were noticeable, and the Great Recession and the subsequent slow recovery only made matters worse.
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Answer:
Pre-tax = 17.62%
After tax = 12.60%
Explanation:
The pre-tax return is determined by the difference from selling and purchase price, added to received dividends, and then divided by the purchase price:

For the after-tax return rate, correspondent dividend and long-term capital gains taxes should be considered:
![R_{AT} = \frac{[(117-101)*(1-0.30)]+[1.80*(1-0.15)]}{101}\\R_{AT} =0.1260=12.60\%](https://tex.z-dn.net/?f=R_%7BAT%7D%20%3D%20%5Cfrac%7B%5B%28117-101%29%2A%281-0.30%29%5D%2B%5B1.80%2A%281-0.15%29%5D%7D%7B101%7D%5C%5CR_%7BAT%7D%20%3D0.1260%3D12.60%5C%25)