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lisabon 2012 [21]
3 years ago
5

Your customer purchases FYZ 4% convertible preferred stock at $60 per share. The conversion price is $10. With the common stock

now trading 1 point below parity, you know that the common shares of FYZ are trading at
Business
1 answer:
KIM [24]3 years ago
6 0

Answer:

$9

Explanation:

Calculation for how much the common shares of FYZ are trading

First step is to find the conversion ratio

Using this formula

Conversion ratio =Market price of the convertible+Conversion price)/Conversion price

Let plug in the formula

Conversion ratio=$70/$10

Conversion ratio=7

Second step is to calculate for the Parity price of the common stock

Using this formula

Parity price=Market price of the convertible / conversion ratio

Let plug in the formula

Parity price=$70/7

Parity price=$10

Last step is to calculate how much the common shares of FYZ are trading

Using this formula

Common shares =Parity price-Common stock trading point

Let plug in the formula

Common shares =$10-1

Common shares=$9

Therefore the common shares of FYZ are trading at $9

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alex41 [277]

The correct answer to this open question is the following.

Although the question is incomplete because it does not provide the location, country, or any other further reference, we can say the following.

The nature and purpose of the public sector result in unique organizational characteristics, basically in the formation of bureaucracies that are a form of governmental and administrative organizations with many employees and hierarchies that more that improve management and operations, complicate it and make it slow due to the fact that the number of people working is numerous.

Experts say that this is not the more efficient and effective form of managing governmental offices. On the contrary, it is slow and inefficient.

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3 years ago
Ivory is listening to a manager present statistics that they believe supports a new initiative. Which type of critical thinking
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The type of Critical Thinking Questions that Ivory should ask at this point are:

  • What are the assumptions?
  • what are the issues and the conclusions?
  • Are there fallacies in the reasoning?
  • How authentic is the data presented?

<h3>What are Critical Thinking Questions?</h3>

Critical  Thinking Questions are questions that make inquiries into the veracity of a claim.

They help the evaluator to maintain a logical and rational line of thoughts so that they are able to connect clearly the relationship between facts and ideas.

Learn more about Critical Thinking Questions at:
brainly.com/question/6034421

3 0
2 years ago
You are an accountant working for Hotel Co. Your supervisor has asked you to research what amount of revenue Hotel Co. should re
Sonja [21]

Answer:

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3 years ago
There are more than 20 stores on a street in Sao Paulo that specialize in selling the same quality and brand of wheat products.
Pani-rosa [81]

Answer:

Pure competition

Explanation:

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  1. There many buyers and many sellers who have access to market information
  2. There are barriers no entry and exit in the market
  3. Firms sell homogeneous products
  4. Firms cannot influence the market price. Firms are price takers.
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4 0
3 years ago
If the firm is facing the threat of trade barriers such as high import tariffs or quotas and the firm has proprietary technology
Andreyy89

Answer: b. Foreign direct investment.

Explanation: This is when a firm or business owns more than 10% of a a foreign company.

A foreign direct investment can be made by getting a lasting interest or by expanding one’s business or company into a foreign country.

The lasting interest makes Foreign Direct Investment from foreign portfolio investments, where investors passively hold securities from a foreign country.

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