If $ 188 was invested when share price is 32 $,
As, total expenditure = Price * Quantity
Quantity = total expenditure / Price
No. of shares will be calculated as -
= 188 / 32
= 5.875 shares.
Note : In the question it is asked to round off to 3 decimal place the answer, in actual no. of share can not be in fraction It has to be a whole number)
Hope it helps!
Assume an investor made the purchases listed in the table below on the first day of...
Problem A: The table below shows the portfolio of a private investor on the stock market. Share Share price ($) Number of shares 3004BD 2,000 400 5302WE 3,500 1100 1023TQ 10,500 200 2385HT 20,000 2700 3478MD 3,600 1900 4528PZ 8,000 1000 2375TU 4,700 300 (3) Refer to Problem A. Identify the experimental unit in the table above. (1) A particular share. (2) The share price. (3) The number of shares. (4) The private investor. (4) Refer to Problem A. If...
Vaughn Corporation made the following cash purchases of
securities during 2020, which is the first year in which Vaughn
invested in securities.
1.
On January 15, purchased 8,800 shares of Sanchez Company’s
common stock at $33.50 per share plus commission $1,744.
2.
On April 1, purchased 4,400 shares of Vicario Co.’s common
stock at $52 per share plus commission $2,964.
3.
On September 10, purchased 6,160 shares of WTA Co.’s preferred
stock at $26.50 per share plus commission $4,320.
On...
Whispering Corporation made the following cash purchases of securities during 2020, which is the first year in which Whispering invested in securities. 1. 2. 3. On January 15, purchased 8,800 shares of Sanchez Company's common stock at $33.50 per share plus commission $1,744. On April 1, purchased 4,400 shares of Vicario Co.'s common stock at $52 per share plus commission $2,964. On September 10, purchased 6,160 shares of WTA Co.'s preferred stock at $26.50 per share plus commission $4,320. On...
Fill in the six blanks in the table below. The base case is
provided. The company is considering distributing its $150 in cash
either in the form of a dividend or by buying back (and retiring)
its stock. Assume that if it buys back its stock, it will pay
$30/share.
Base
Issue dividends
Buyback shares
Cash held by firm
$150
$0
$0
Other assets
$300
$300
$300
Total market value of stock
$450
Shares
15
Share price
$30
Total cash...
As an investor, based on your goals and investment objectives you create an investment plan. You choose your stockbroker that suits your needs. But when it is time to actually buy or sell securities in the securities market, it is important to understand how your transactions will be executed. Based on your expectations regarding a specific transaction you have the option to select from three different order types: market order, limit order and a stop-loss order. Janis is an experienced...
Ayayai Corporation made the following purchases of investments
during 2020, the first year in which Ayayai invested in equity
securities:
1.
On January 15, purchased 8,100 shares of Nirmala Corp.’s common
shares at $30.10 per share plus commission of $1,782.
2.
On April 1, purchased 4,500 shares of Oxana Corp.’s common
shares at $47 per share plus commission of $3,033.
3.
On September 10, purchased 6,300 shares of WTA Corp.’s
preferred shares at $23.90 per share plus commission of
$2,619....
use the below worksheet to answer the following
for example, in cell B26 enter the formula "= B5".
Check your worksheet by changing the budgeted unit sales in
Quarter 2 of Year 2 in cell C5 to 75,000 units. The required
production for the year should be 274,000 units. The cost of raw
materials to be purchased for the year should be $1,106,800,
whereas the total cash disbursements for the year should be
$1,095,980. If you do not get this...
Bridgeport Corporation made the following purchases of
investments during 2020, the first year in which Bridgeport
invested in equity securities:
1.
On January 15, purchased 9,540 shares of Nirmala Corp.’s common
shares at $35.50 per share plus commission of $2,100.
2.
On April 1, purchased 5,300 shares of Oxana Corp.’s common
shares at $55 per share plus commission of $3,572.
3.
On September 10, purchased 7,420 shares of WTA Corp.’s
preferred shares at $28.40 per share plus commission of
$3,085....
Exercise 9-11 Bramble Corporation made the following purchases of investments during 2020, the first year in which Bramble invested in equity securities: 1. On January 15, purchased 8,640 shares of Nirmala Corp.’s common shares at $32.20 per share plus commission of $1,902. 2. On April 1, purchased 4,800 shares of Oxana Corp.’s common shares at $50 per share plus commission of $3,235. 3. On September 10, purchased 6,720 shares of WTA Corp.’s preferred shares at $25.70 per share plus commission...
Debt & Bonds
1. The table below presents the spot rates an investor
faces.
Year
Spot Rate
1
2%
2
3%
3
4%
4
5%
Assume that, for each maturity, there is a zero-coupon bond
traded in the market. These zeros pay $1,000 at their respective
maturity.
a. Is the term structure positive, inverted, or flat?
b. What is the forward rate from t=1 to t=2?
c. Suppose that the investor is expecting to receive $1 million
at t=1. This...