Question
1 You shorted 50 contracts of MSFT $60 put. You collected the $1.25 premium. The current price of MSFT is $57. How much did you
1 You shorted 50 contracts of MSFT $60 put. You collected the $1.25 premium. The current price of MSFT is $57. How much did you make/lose?
2. Suppose Chan Inc., decided to go public. Goldman was selected as the investment bank (IB) for the IPO. The IB suggest an IPO price of $30 a share. The company issues 100,000,000 shares. The IB gets all the shares for 10% discount. The company also incurred $6 million in cost associated with the filings and compliance efforts. What is the costs for Chan Inc.?
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Cases In Financial Reporting
Authors: Ellen Engel, D. Eric Hirst, Mary Lea McAnally
7th Edition
1934319791, 9781934319796
