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Any one can help me with these question?I really need your help please.Thank you so much Question 6 0 / 1 point Minneapolis Co. sold
Any one can help me with these question?I really need your help please.Thank you so much
Question 6 0 / 1 point Minneapolis Co. sold 1,000,000 shares in an IPO. The offering price for the shares was $20, but immediately after it was issued, the share price jumped to $23. Minneapolis Co. paid a commission fee of $300,000 to its underwriter. How much is the total cost to the equity issue of Minneapolis Co.? a) $1,000,000 b) $3,300,000 c) $3,000,000 d) $300,000 e) None of the options Question 7 0 / 1 point Consider the following limit order book of a specialist. The last trade in the stock occurred at a price of $96. If a market sell order for 100 shares come in, at what price will it be filled? Limit Buy Orders Limit Sell Orders Price Shares Price Shares $95.69 200 $96.35 300 $95.45 200 $96.50 300 a) $96.35 b) $95.69 c) $95.45 d) $96.50 e) Will not be executed 0 / 1 point Question 8 Assume you sell short 100 shares of common stock at $30 per share, with initial margin at 50%. The maintenance margin is 30%. How far does the price of the stock rise for you to get a margin call? a) $40.50 b) $34.62 $38.74 d) $32.14 e) $33.33Step by Step Solution
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