ENGIN 120 Midterm: e120-sp2007-mt1-Zhang-soln
Document Summary
Sid: _____________________: clearly state all the formula and mathematical expressions that are needed to solve the problems. No credit will be given to numerical answers without the proper setup (except 2. a) : answer each of the following questions in the space provided. If you need more space to show major computations you performed to obtain your answer for a particular problem, use the back of the preceding page: present your work in an organized and neat fashion. Nasdaq is a dealer market. (nse auction market) Dealers sell and buy at their own risk. A dealer holds an inventory of the particular securities. A dealer is to match those who wish to sell with those who wish to buy. Cash flow from assets (cffa) cannot be negative. Book value cannot be larger than market value. Put provision (bond holder can force the company to buy it back) Call provision (the company can force bond holder to sell it back)
