Answer:
distributing proxies to holders of securities in margin account
Explanation:
Proxies are voting materials on shares that are given by the issuer of the shares to the brokerage that is holding the shares.
Proxies are paid for by the issuer and not the customer.
A broker is allowed to charge for various services rendered. For trading and market related services the 5% rule holds, while for other clerical services such as collection of dividends, safe keeping appraisal of securities, and transfer of securites.
Charges must be fair and reasonable.
Answer:
It would go down the roof and off the edge (eventually), since the roof is tilted.
Answer:
a) The PV of the quarterback's contract is 13.91 million
b) The PV of the receiver's contract is 14.42 million
.
c) The Receiver is better paid
Explanation:
a)
PV of quarterback
= 3.1/1.09 + 3.1/1.09^2 + 3.1/1.09^3 + 3.1/1.09^4 + 3.1/1.09^5 + 3.1/1.09^6
= 3.1/0.09*(1 - (1/1.09)^6)
= 13.91 million
Therefore, The PV of the quarterback's contract is 13.91 million
.
b)
PV of receiver's contract
= 5 + 2.1/1.09 + 2.1/1.09^2+2.1/1.09^3+2.1/1.09^4+2.1/1.09^5+2.1/1.09^6
= 5 + 2.1/0.09*(1 - (1/1.09)^6)
= 14.42 million
Therefore, The PV of the receiver's contract is 14.42 million
.
c) Since the PV of the quarterback's contract is less than the PV of the receiver's contract, The Receiver is better paid.
Answer:
5.3%
Explanation:
There are 4,185 unemployment person(78,567-74,382)
So the rate of unemployment persons = ( the number of unemployment / the total number of persons) × 100
= (4,185/78,567) ×100
