What profit or loss would security brokers incur

Assignment Help Finance Basics

Reference no: EM13301486

Secruity Brokers INC. specializes in underwriting new issues by small firms. On a recent offering of Beedles Inc., the terms were as follows:

Price to public $5 per share
Number of shares 3 million
Proceeds to Beedles $14,000,000

The out-of-pocket expenses incurred by Security Brokers in the design and distribution of the the issue were $300,000. What profit or loss would security brokers incur if the were sold to the public at the foloowing average price?

a. $5 per share
b. $6 per share
c. $4 per share

Reference no: EM13301486

Questions Cloud

Find the frequency heard by the listener : A sound source is moving away from the stationary listener at 80 m/s. Find the frequency heard by the listener

Now what is the fair price of each bond : Based on the fair prices at the various yields to maturity, is interest-rate risk the same, higher, or lower for longer- versus shorter-maturity bonds?

Explain the heat capacity of the solution is the pure water : The reaction is CaO(s) + H2O(l) ? Ca(OH)2(aq) -- ?H = -83.7 kJ Assume the heat capacity of the solution is the same as pure water (4.184 J/g*°C), the density of the solution is 1.00 g/mL and there is no loss of heat to the surroundings.

Is the tax deductible : What is the toatl dollar call premium required to call the old issue? Is the tax deductible? What is the net after-tax cost of the call?

What profit or loss would security brokers incur : The out-of-pocket expenses incurred by Security Brokers in the design and distribution of the the issue were $300,000. What profit or loss would security brokers incur if the were sold to the public at the foloowing average price?

Explain the pressure in the flask is reduced until water : A round bottom flask containing 30g of water at 25 C is attached to a vaccum line. The pressure in the flask is reduced until water in the flask begins to boil. Under these circumstances determine if G, H, S sys, S total are positive, negative or ..

Operation and supply chain management : Assignment in operation and supply chain management.

Reconcile the differences in income : Prepare an absorption-costing income statement and prepare a variable-costing income statement - Reconcile the differences in income

Using what you know about medicaid and managed care : Using what you know about Medicaid and managed care, list several reasons why policymakers might support the requirement that Medicaid beneficiaries enroll in an MCO.

User Account

All Pages