Log in
Finance
1
answer
0
watching
35
views

There are different types of offers. Establishing avalid offer is more challenging when it is implied versusexpressed, as a manifestation of intent must be proved. What is animplied offer? What factors do the courts consider forvalidity?

Watch
1
answer
0
watching
35
views

For unlimited access to Homework Help, a Homework+ subscription is required.

Hubert Koch
Hubert KochLv2
28 Sep 2019

Unlock all answers

Get 1 free homework help answer.
Already have an account? Log in
Share

Related questions

The president of the bank has asked you to investigate the possibilities of using this money in operations rather than sending it to outside markets. The primary revenue generating tool for Stupendous Bank is in offering mortgages, but the bank has not diversified the types of loans it offers to its customers.

1. What different types of mortgage the bank can offer.
2. What are some options that the bank may have if it needs access to money tied up in long term mortgages.
3. Explain why expanding mortgage options can be beneficial to Stupendous Bank.
4. Explain some risks to the board of directors including liquidity risks.
5. Considering the current status of mortgage lending, offer a recommendation about the use of this investment

Your company has 100 million shares outstanding and the current share price of $12 per
share. Your firm will have a rights offer which requires 10 rights to buy a share at the
price of $10 per share.
a) What will be the new share price after the rights offer is completed if there is 100%
participation?
b) What will be the new share price after the rights offer is completed if there is 80%
participation?
c) Calculate the total amount you will have invested in the firm if you participate in the
rights offer and you have 20 shares
d) Calculate the total new value of your portfolio if you participate and 100% of shares
holders do as well
e) Calculate the total new value of your portfolio if you participate and 80% of shares
holders do as well
f) Calculate the total new value of your portfolio if you don’t participate but 100% of
shares holders do participate.(use the price from if 100% participate)
g) Calculate the total new value of your portfolio if you don’t participate and 80% of
shares holders do participate.
h) If some are concerned that the price of $10 per share will not encourage
participation in a rights offer what price would encourage greater participation?
i) What advantage does a rights offer have over a cash offer to issue new shares?

You are a U.S. investor with capital of $1,000,000. Consider the following quotations provided by 3 different banks:Bank of America: Bank of Toronto: Credit Suisse:

USD 0.80/CAD CHF 1.42/CAD USD 0.55/CHF

What is the implied cross-rate between CHF and CAD?

Is there a triangular arbitrage opportunity (We are ignoring transaction costs)?

If there is a triangular arbitrage opportunity, how can you earn arbitrage profit from the above exchange rates with $1,000,000?

What is your arbitrage profit in dollars?

At what implied cross-rate between CHF and CAD there will be no arbitrage opportunity?

Weekly leaderboard

Home
Homework Help 3,900,000
Finance 370,000
Start filling in the gaps now
Log in