About the number of shares

Assignment Help Financial Management
Reference no: EM13850661

Carson Corporation stock sells for $53 per share, and you've decided to purchase as many shares as you possibly can. You have $54,000 available to invest. What is the maximum number of shares you can buy if the initial margin is 70 percent? (Do not round intermediate calculations. Round your answer to the nearest whole number.)

Number of shares

Reference no: EM13850661

Questions Cloud

Analyse the strategic position and the interrelated function : Understand and be able to critically analyse the strategic position and the interrelated functions of Production and Operations Management (POM) in organisations
Standard deviation to measure dispersion : Why we frequently used Standard deviation to measure dispersion
Analyzing moral issues in professional environments : Implementation Theory which includes the chart - Analyzing Moral Issues in Professional Environments, Boston: Pearson Education Company, 2006 - Implementation Theory which includes the chart.
Explain what is the price elasticity of demand : The price of a bag of pretzels rises from $2 to $3 and the quantity demanded decreases from 100 to 60. What is the price elasticity of demand
About the number of shares : Carson Corporation stock sells for $53 per share, and you've decided to purchase as many shares as you possibly can. You have $54,000 available to invest. What is the maximum number of shares you can buy if the initial margin is 70 percent?
Calculate current cost of equity-value of equity-price share : Copper company CCT has three million common shares outstanding and perpetual debt with a market value of $30 million. Its interest rate is 8%, and its corporate tax rate is 40%. Its levered beta is 1.2. The risk-free rate is 3% and the market portfol..
Formulate sql queries : Formulate SQL queries
Key for planning out the scheme for handling the scope : Initiating: What activities would be important to define and authorize the project or phase during this quarter's project? Planning: What activities would be key for planning out the scheme for handling the scope, schedule, costs, or resource usage
Why decision making usually requires change : We have discussed in class that decision making usually requires change and that in turn may bring about another decision. Review Jackson's decisions and write a one page epilogue to his decision making. Was it effective

Reviews

Write a Review

Financial Management Questions & Answers

  Risk of projects-debt holders charge higher interest rates

As a firm increases risk of the projects, the debt holders charge higher interest rates. But this implies even a greater incentive to take on more risk, so in some instances creditors may ration credit altogether. If the firm has enough cash to finan..

  What happens to expected present value of profits

Assume, instead that each year the chances that a worker will leave the firm, given he/she has not left to date, are 20% (i.e. the firms expected turnover rate for these sales positions is 20% per year). Which employee should it hire now? Use your sp..

  Finance-explicit model-what is the value of this property

An office property with 60,000 square feet of rentable space is expected to rent for $40 per square foot in the coming year. Rent is expected to decline 3 percent per year over a projected holding period of seven years. Vacancy will be at 7.5 percent..

  Compute attitude scores for consumer

Imagine you work for a well-known market research firm. Your supervisor has asked you to calculate numerical values for consumer attitudes using the Fishbein expectancy-value model, A = ?be. In your preliminary research for a client that manufacturer..

  Suppose the risk-free interest rate

Suppose the risk-free interest rate is 4% and the market portfolio has an expected return of 10% and a standard deviation of 16%. Johnson & Johnson Corporation stock has a beta of 0.32. What is its expected return?

  What is the value of wranglers equity

The Wrangler Co. has expected EBIT = $9,250, debt with a face and market value of $14,000 paying a 9% annual coupon, and an unlevered cost of capital of 12%. If the tax rate is 39%, what is the value of Wrangler's equity?

  What is the net asset value for this mutual fund

The World Income Appreciation Fund has current assets with a market value of $4 billion and has 110 million shares outstanding. What is the net asset value (NAV) for this mutual fund? The Madura HiGro Fund has a net asset value of $47 per share. It c..

  How much would an investor pay for the the bond

What are some of the dangers and incentive problems of the financial sector getting too big and commonwealth Bank issues bonds on the capital market to raise financing for its loans.

  Capital structure-weighted average cost of capital

What is the Acme Company’s weighted average cost of capital if its cost of before-tax debt is 8% (20% of overall capital structure), its cost of preferred stock is 9.5% (20% of capital structure) and is cost of internal equity is 15.5% (60% of the ca..

  Expects the cost of the boat to increase due to inflation

Ac is back from a long journey and that’s a fact, Jack. He wishes to buy a boat in five years that presently costs $150,000. He expects the cost of the boat to increase due to inflation by 3% per year for the next two years and 5% per year the follow..

  Volume variance with a column for Routine Services

Greenview Hospital operated at 120% of normal capacity in two of its departments during the year. It operated 120% times 20,000 normal capacity direct labor nursing hours in routine services and it operated 120% times 20,000 normal capacity equipment..

  Question 1a i describe the term inventory give a few

question 1a i describe the term inventory. give a few instances.ii give details for inventory controlb i explain the

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd