Answer:
pay the bank an early withdrawal penalty.
Explanation:
Depending on the bank, now long was the original CD and the amount of money, the penalties may a include a certain percentage of the total amount, not earn any interest, or some other type of fee.
Banks do this to encourage depositors to leave the money the longest possible time in the bank. Sometimes banks will give their clients a small bonus interest for renewing CDs.
The answer is without limits
Ans is c.ii and iii
The conversion ratio is established when the bond is issued, and is: par value divided by the conversion price. In this case, the conversion price is set at $40 per share, so the conversion ratio is $1,000 par / $40 conversion price = 25:1 (25 shares per bond). If the bond moves to a 10 point premium over par, its new price will be 110, or $1,100 per bond. For the common stock to be valued at parity to the bond, the price per share must be $1,100 / 25 shares per bond = $44 per share parity price.
The financial activity that helps a company based in another country is : A. Foreign direct investment
Foreign direct investment is a type of investment in the form of ownership of a business entity by an entity in another country. For example : Berkshire Hathaway ownership of a an entity in Indonesia
Answer:
Amount of interest = $ 300
Explanation:
Given:
Total number of month = 3 months (Oct, Nov and Dec)
Amount borrow = $20,000
Interest rate = 6%
Find:
Amount of interest
Computation:
Amount of interest = $20,000 x 6% x 3 months / 12 months
Amount of interest = $ 300
