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Mergers and Acquisitions
It is a Process of business combination. There are 3 forms of business combination:
1. M1. M1 has the highest liquidity. This is the narrowest type, consisting of only currency, checks, demand deposits and traveler's check of all the types.
2. M2. This type includes all M1 money, but also includes savings, deposits under $10,000, money market mutual account balances, money market deposit accounts, overnight repurchase agreements and overnight Eurodollar deposits.
3. M3. This type holds all M2 but also includes term deposits for repurchase agreements and Eurodollar deposits with dealer-only money market funds.
How do mergers affect consumers? A: The impacts mergers have on consumers vary widely. There may be a few inconvenience and anxiety when a customer's bank or branch is obtained
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You deposit $500 today in a savings account that pays 3.5% interest, compounded annually. How much will your account be worth at the end of 25 years?
a) Year 2 Year 1 Stock turnover (350/500) * 365 = 255.5 days (250/450) * 365 = 202.7 days
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