The syndicate manager decides to decrease the reoffering yield on a competitively bid new issue by 25 basis points. this action:
a is prohibited under msrb rules
b will decrease the dollar price per bond paid by customers
c will increase the dollar price per bond paid by customers
d will not affect the dollar price per bond paid by customers
Answers: 1
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Qwest airlines has implemented a program to recycle all plastic drink cups used on their aircraft. their goal is to generate $7 million by the end of the recycle program's five-year life. each recycled cup can be sold for $0.005 (1/2 cent). a. how many cups must be recycled annually to meet this goal? assume uniform annual plastic cup usage and a 0% interest rate. b. repeat part (a) when the annual interest rate is 12%. c. why is the answer to part (b) less than the answer to part (a)?
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Amazon inc. does not currently pay a dividend. analysts expect amazon to commence paying annual dividends in three years. the first dividend is expected to be $2 per share. dividends are expected to grow from that point at an annual rate of 4% in perpetuity. investors expect a 12% return from the stock. what should the price of the stock be today?
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The syndicate manager decides to decrease the reoffering yield on a competitively bid new issue by 2...
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