User Account

All Pages

What would gifford total dollar profit or loss

Assignment Help Finance Basics
Reference no: EM131914591

The Gifford Investment Company bought 80 Cable Corporation warrants one year ago and would like to exercise them today. The warrants were purchased at $28 each, and they expire when trading ends today. (Assume there is no speculative premium left.) Cable Corporation common stock was selling for $48 per share when Gifford Investment Company bought the warrants. The exercise price is $36, and each warrant entitles the holder to purchase two shares of stock, each at the exercise price.

What would Gifford's total dollar profit or loss have been had they invested the $2,240 directly in Cable Corporation's common stock one year ago at $48 per share? Cable Corporation common stock is selling today for $58 per share. (Do not round intermediate calculations and round your answer to 2 decimal places. Input the dollar amount as a positive value.)

Reference no: EM131914591

Questions Cloud

How ethical reflection might have helped the pinellas : A brief explanation of how ethical reflection might have helped the Pinellas County public administrators avoid the ethical scandal described in Menzel's case.
Calculate the price of the bond : Calculate the price of the bond (in euros) if the yield to maturity is 3.5% without financial calculator
Is materialism in america best interests : Sam Wong, speaking during his sophomore year at Iowa State University: Materialism, like patience, is a virtue. Ever since my parents bought me my first.
Prepare the journal entries for the financial reorganization : Mighty Contractors has been experiencing financial difficulties. Prepare the journal entries for the financial reorganization of Mighty Contractors.
What would gifford total dollar profit or loss : What would Gifford's total dollar profit or loss have been had they invested the $2,240 directly in Cable Corporation's common stock
Weaknesses of the business approach to raising children : List some of the strengths and weaknesses of the business approach to raising children. Do you regard the business approach in the home as a promising.
What are your recommendations for midtown meats : Calculate the profitability, or lack thereof, of each. What are your recommendations for Midtown Meats?
What is the present value : What is the present value (at time 0) of the project's cash flows if the opportunity cost of capital is 9%?
Determine the value that be shown in financial statements : Determine the value that would be shown in Padre and Sol's consolidated financial statements for each of the accounts listed

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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