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Hatshy [7]
3 years ago
13

An RR sold shares of new stock issue of ABC Corp. to a customer at $20 per share. After a week, ABC is selling at $10. The RR of

fers to buy the shares from the customer at $20. Which is correct?
Business
1 answer:
Vanyuwa [196]3 years ago
7 0

Answer:

It is a violation of NASD rules against guaranteeing a customer against loss.

Explanation:

In this case the RR is guaranteeing the customer against loss. The customer initially bought the shares for $20 the new price is $10. The RR now coming in to buy the shares above market value is a way to guarantee the customer against loss, and its a NASD violation.

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Answer:

Check the explanation below

Explanation:

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8 0
3 years ago
. _________________ results when an economy experiences high unemployment and high inflation at the same time
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high prices of goods and the change of currency

Explanation:

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6 0
2 years ago
An $11,000 mortgage has a 30-year term (requiring monthly payments) and a 6% nominal interest rate. (a) What is the monthly paym
neonofarm [45]

Answer:

Answer:

a) Monthly payment = $65.95

b) Remaining balance on her loan after making 12th payment = 11,000 - (65.95 x 12) = $10208.6

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  Principal paid in month 13 = $65.95 - 51.043 = $14.907

Explanation:

Using financial calculator:

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i/r = 6%/year = 0.5% / month

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a) Monthly payment = $65.95

b) Remaining balance on her loan after making 12th payment = 11,000 - (65.95 x 12) = $10208.6

c) Interest paid in month 13 = 10208.6 * 0.5% = $51.043

  Principal paid in month 13 = $65.95 - 51.043 = $14.907

Explanation:

8 0
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3 0
3 years ago
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the eastern side had more gold and spices than the western side

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