Answer and Explanation:
1. The maximum possible subscription price is $60
The maximum price is anything greater than $0
2.Number of new shares
$10,000,000/$50
=$200,000
Number of right shares
$1,000,000/$200,000
=$5
3. Excess right 58.33
(5*60+50)/(5+1)
Value of excess 1.67
($60-58.33)
4.Portfolio value before right offering
2,000×60
= 120,000
Portfolio value after right offering 120,000
(2000×58.33 +2000×1.67 )
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Answer:
the average product of 12 workers is 5
Explanation:
The computation of the average product of 12 workers is shown below:
= (Number of units of a product in the case of 11th workers + marginal product of units in 12th worker) ÷ number of workers
= (54 + 6) ÷ 12
= 5
Hence, the average product of 12 workers is 5
The same is to be considered
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below are the choices that can be found from other sources
A) a decrease in supply.
B) a decrease in the quantity supplied.
C) an increase in the quantity supplied.
<span>D) an increase in supply.
</span>
The answer is D.
Borrower must pay off loan