Answer:
The options for the question is:
A. pre-sale net
B. syndicate group net
C. designated net
D. member takedown
Explanation:
The answer is D. member takedown
The priority accorded to the order by the manager will be treated as member takedown orders, and if there is sufficient interest in the issue, the order would not be filled because of the other orders with higher priority being filled first.
When an order is placed with the syndicate by a member for an "accumulation account" that is being managed by that member, it is strange in that the bonds are not being sold to the general public.
The syndicate member must disclose to the manager when the order is placed; the manager will then disclose any of these orders that have been filled to the other syndicate members when the account is closed; and the manager will fill these orders last- meaning they get priority after pre-sales, group, and designated orders.
Answer:
Yield to maturity (YTM) is 1.91% higher than yield to call (YTC).
Explanation:
YTM = {coupon + [(face value - market value)/n]} / [(face value + market value)/2]
YTM = {$120 + [($1,000 - $1,275)/20]} / [($1,000 + $1,275)/2] = $106.25 / $1,137.50 = 9.34%
YTC = {coupon + [(call price - market value)/n]} / [(call price + market value)/2]
YTC = {$120 + [($1,120 - $1,275)/5]} / [($1,120 + $1,275)/2] = $89 / $1,197.50 = 7.43%
9.34% - 7.43% = 1.91%
The answer is non-redundancy. In addition, redundancy is a system design in which a constituent is replicated so if it fails there will be a holdup. The redundancy has a negative implication when the repetition is pointless or is simply the outcome of poor preparation.
A list of things that should be considered are the health of all the workers,
Bro that’s all I can think of :((
Answer:
t = 18 93 years
Explanation:
Given Data;
Yield to maturity (r) = 0.0843/2 = 0.04215
Current market price = $781.50
Bond = 6.1%
Face value = $1,000
Pv = (%bond * fv/2) * (1-1/(1+r)^2t)/r+fv/(1+r)^2t
Where pv is the current value, fv is the face value, t is the time and r is the yield
Substituting into the formula, we have
781.50 = (0.06*1000/2) * (1-1/(1+0.04215)^2t) /0.04215+ 1000/(1+0.04215)^2t
781.50 = 30.5 * (1 - 0.96^2t) /04215 + 959.55^2t
781.50 = 1.22^2t /0.04215 + 959.55^2t
After simplifying further,
t = 18 93 years