Answer: Participating preferred
Explanation:
Participating preferred is a stock which pays specific dividends rate to their customers and also receives additional dividends, this is made known Board of Directors and paid by the company, this meets up with the objectives a customers has for investing and having a stable income. It is so known as performance preferred and it gives the holder the benefit of collecting extra dividends.
Answer:
We have to classify the transfers as Direct Transfer, Indirect Transfer Through Investment Banks, and Indirect Transfer Through Financial Intermediaries.
(a) - Indirect Transfer Through Financial Intermediaries.
A market mutual fund is a financial intermediary, and it is the option that Elliot has chosen to transfer capital.
(b) - Direct Transfer
As the statement explains, the company has not gone through any financial intermediation to raise capital. It has directly done so.
(c) - Indirect Transfer Through Investment Banks
xEdu.com hired an an investment banking to issue its initial public offering
(d) - Direct Transfer
Erin borrowed the money from his uncle without any financial intermediation.
Answer:
Sales will be $353333.33
Explanation:
We have given fixed Cost = $ 38,600
Earning Required = $70,000
Contribution margin ratio = 30 %
Hence Contribution Required= Fixed Cost+Earning Required = $70000+$36000 = $106000
We know that contribution margin ratio is given by
Contribution margin ratio 
Sales = $353333.333
Answer:
C) Sell £2,278.13 forward at the 1-year forward rate, F1($/£), that prevails at time zero.
Explanation:
given data
State 1 State 2 State 3
Probability 25% 50% 25%
Spot rate $ 2.50 /£ $ 2.00 /£ $ 1.60 /£
P* £ 1,800 £ 2,250 £ 2,812.50
P $4,500 $4,500 $4,500
solution
company holds portfolio in pound. so to get hedge, they will sell that of the same amount.
we get here average value of the portfolio that is
The average value of the portfolio = £ (0.25*1800 + 0.5*2250 + 0.25*2812.5)
The average value of the portfolio = 2278.13
so correct option is C) Sell £2,278.13 forward at the 1-year forward rate, F1($/£), that prevails at time zero.
Answer:
stock price will not change at all
Explanation:
Based on the information provided it can be said that when the company releases its next earnings report the stock price will not change at all. This is because stock markets move fast, the stock price of EPS moved when the in the announcement about FDA approval was made. Therefore the markets already expect these changes to reflect on the earnings report so prices will not move. Just as the saying goes, "Buy the Rumor, Sell the news."
