Answer:
best efforts
Explanation:
As it name suggests, a best efforts IPO takes place when an underwriter cannot commit completely to a client because the market interest in the firm is not certain. So the underwriter "promises" to make its best effort to carry out a successful IPO, but cannot guarantee it. On the other hand, when the market interest is very large, underwriters themselves purchase the entire IPO through a firm commitment IPO.
Answer:
You can put this solution on YOUR website!
A 1987 advertisement in the New Yorker solicited offers on a 1967 Mercury Cougar XR7 (Motor Trend's 1967 car of the year) that had been stored undriven in a climate controlled environment for 20 years.
If the original owner paid $4000 for this car in 1967, what price would he have to receive in 1987 to obtain a 10 percent annual return on his investment?
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If the 10% is compounded yearly the price is as followed.
A(10) = 4000(1+(0.10/1))^(10*1)
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A(10) = 4000(1.1)^10
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A(10) = $10,374.97
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Cheers,
Stan H.
Answer:
If Best Buy chose to compete by introducing online sales direct to the consumer, this would be an example of marketing change.
Explanation:
If Best Buy decided to change its conditions of sale to be able to compete with its adversary companies, that change would imply a marketing change, since it would modify the way in which the products are offered to the public.
Marketing changes are changes in the conditions of advertising and sale of products, through which they seek to renew sales through innovative supply systems, which capture the attention of consumers.
Answer: $2
Explanation:
The Supply curve S1 represents the supply before tax. The equilibrium price at this point is therefore $3.
With taxes, the supply curve is S2 and the equilibrium price has now gone up to $5.
The amount that XYZ will be left with after paying the tax is:
= Price after tax - price before tax
= 5 - 3
= $2
Explanation:
There are several major variables to consider: the financial health of the borrower; the severity of the consequences of a default for the borrower and the creditor; the size of the credit extension; historical trends in default rates; and a variety of macroeconomic considerations
