subject
Business, 28.05.2020 00:03 weeblordd

He Commonwealth Government has announced a $550 million Treasury bond issue by competitive tender. The 10-year bonds have a fixed coupon of 6.0% per annum. The Reserve Bank plans to take $100 million of the allocation and the remaining $450 million will be allocated according to bids received. The following bids are received: Bank A $150 million Yield 6.50% p. a. Bank B $125 million Yield 6.90% p. a. Bank C $150 million Yield 6.70% p. a. Bank D $250 million Yield 7.00% p. a. Bank E $100 million Yield 6.00% p. a. Determine the amount of allocation received by the bidding banks in the order of priority. Select one: a. Bank D ($250 million); Bank B ($125 million); Bank C ($75 million) b. Bank E ($100 million); Bank A ($150 million); Bank C ($150 million); Bank B ($50 million) c. Only Bank E will receive allocation d. All bidding bank will receive allocation equally e. Bank A ($150 million); Bank B ($125 million); Bank C ($75 million); Bank D ($150 million)

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 21:00
While studying for the engineering economy final exam, you and two friends find yourselves craving a fresh pizza. you can't spare the time to pick up the pizza and must have it delivered. "pick-up-sticks" offers a 1-1/4-inch-thick (including toppings), 20-inch square pizza with your choice of two toppings for $15 plus 5% sales tax and a $1.50 delivery charge (no sales tax on delivery charge). "fred's" offers the round, deep-dish sasquatch, which is 20 inches in diameter. it is 1-3/4 inches thick, includes two toppings, and costs $17.25 plus 5% sales tax and free delivery. 1. what is the problem in this situation? state it in an explicit and precise manner. 2. systematically apply the seven principles of engineering economy (pp. 3-6) to the problem you have defined in part (a). 3. assuming that your common unit of measure is dollars (i.e., cost), what is the better value for getting a pizza based on the criterion of minimizing cost per unit of volume? 4. what other criteria might be used to select which pizza to purchase?
Answers: 3
question
Business, 22.06.2019 04:00
Burberry is pursuing a focused differentiation strategy aimed at high-end luxury customers. however, the company is also employing a segmentation strategy to separate customers within that focus. the strategy offers items at an entry-level price point for customers who desire to be like celebrities such as sarah jessica parker as well as couture items for those richest and celebrity customers. what strategy is burberry pursuing?
Answers: 3
question
Business, 22.06.2019 06:50
On january 1, vermont corporation had 40,000 shares of $10 par value common stock issued and outstanding. all 40,000 shares has been issued in a prior period at $20.00 per share. on february 1, vermont purchased 3,750 shares of treasury stock for $24 per share and later sold the treasury shares for $21 per share on march 1. the journal entry to record the purchase of the treasury shares on february 1 would include a credit to treasury stock for $90,000 debit to treasury stock for $90,000 credit to a gain account for $112,500 debit to a loss account for $112,500
Answers: 3
question
Business, 22.06.2019 09:50
For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both: 1. sec examiner 2. bookkeeping department 3. division controller 4. external auditor (public accounting firm) 5. loan officer at the company's bank 6. state tax agency auditor 7. board of directors 8. manager of the service department 9. wall street analyst 10. internal auditor 11. potential investors 12, current stockholders 13. reporter from the wall street journal 14. regional division managers
Answers: 1
You know the right answer?
He Commonwealth Government has announced a $550 million Treasury bond issue by competitive tender. T...
Questions
question
Mathematics, 30.10.2020 20:20
question
Computers and Technology, 30.10.2020 20:20
question
Physics, 30.10.2020 20:20
question
Mathematics, 30.10.2020 20:20