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16) Which of the following is a requirement for a stock to be listed on the NYSE

ID: 2796161 • Letter: 1

Question

16) Which of the following is a requirement for a stock to be listed on the NYSE: a. The company must have been profitable for at least two of the past three years b. The company must have positive EBT in at least three out of the past five years c. The company must issue at least 10,000 shares of common stock d. The company must have at least 50.1% of its operations based in the US e. The company must have at least 1.1 Million shares of common stock outstanding 17) Bonds can be priced at either: a. b. c. d. Increments of $100 or $1000 Ordinary, Zero Coupon, or Annuity Due $1,000, $25,000, or $100,000 Par, Discount, Premium 18) The face value of the bond: a. b. c. d. Always prices higher than the current market price Includes the price of coupons and all future cash flows Is equal to the par value of the Bond plus all coupon payments Is equivalent to the value received at maturity 19) A bond with a face value of $1000 is currently yields a 6% coupon paid semiannually. If this bond matures 5 years from today, what is the most that I should currently pay for this bond if my research has indicated that similar bonds are yielding 5.0%? a. $1,043.76 b. $1,123.09 c. $896.71 d. $1,058.04 e. $1,034.48 20) What is my amortized payment if I pay off a $15,000 loan in 48 months by making equal monthly payments if the lender is charging 45% APR? (Assume a 360-day calendar) a. $399.01 b. $401.22 c. $342.05 d. $376.64

Explanation / Answer

16.

one of the requirements for a stock to be listed on the nyse is the company must have minimum 1.10 million share outstanding.

Option (D) is correct answer.

17.

A bond can be priced at either increment of $100 or 1,000. this price is called Face value of bpnd.

Option (A) is correct answer.

18.

Face value of bond is the value, that bondholder receive at time of maturity of bond.

Option (D) is correct answer.

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