Business, 13.04.2021 03:10 michael3592
Andy Hastings borrowed 500 shares of stock from a broker. This stock is currently selling for $25 a share ($12,500). The commission was $125. Three weeks later, the price of the stock was $22.50 a share, so he bought the 500 shares. The commission was $115. He returned a stock certificate for 500 shares to the broker. Rates of return?
Answers: 3
Business, 22.06.2019 03:20
The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out
Answers: 1
Business, 22.06.2019 20:00
River corp's total assets at the end of last year were $415,000 and its net income was $32,750. what was its return on total assets? a. 7.89%b. 8.29%c. 8.70%d. 9.14%e. 9.59%
Answers: 3
Andy Hastings borrowed 500 shares of stock from a broker. This stock is currently selling for $25 a...
Computers and Technology, 22.10.2019 22:50
Computers and Technology, 22.10.2019 22:50