Answer:
<u>Hence $21,700,000 shares are to be sold to raise the needed funds.</u>
Explanation:
Per-share offer price of company = $60, which includes company's underwriter spread of 5%
So, actual realization to company on $60 per share = (1 - 0.95) * 60
Actual realization to company on $60 per share = $ 3
To raise $64 million company also needs to cover administrative expenses of $1.2 million
So,
Total number of shares sold(in million) = (64 + 1.2)/3
Total number of shares sold = 21,700,000 shares
If the annual interest rate printed on the face of a bond is 12 percent, the face value of the bond is $1,000, and the current market price of the bond is $1,2000, what is the current yield on the bond?
10.0 percent.
Answer:
A. Sum
Explanation:
The sum calculation option totals up the values in a particular field
Answer:
<em>Flexible manufacturing</em>
Explanation:
One major thing that robots and machine add to any production process, is flexibility. Flexible manufacturing systems are real-time production systems, they act according to the need of the production process. The Flexible manufacturing system is configured to run automatically with sets of interconnected machines that perform end to end function.
The machinery and robots that are manufactured by MachineX, Inc are likely sold to the companies that require flexible manufacturing, that is essentially what robots and machines offer to the production process
Full employment GDP happens when the economy is producing at its potential and unemployment is at the natural rate of unemployment. Full employment describes situation in which a<span>n acceptable level of unemployment somewhere above 0% exists. F</span>ull employment GDP means that t<span>he level of </span>GDP at which there is no deficiency of aggregate demand.