The Treasury Department would like to raise $24 billion in 90 day T Bills. The auction results are as follows:Noncompetitive bids = $3.4 billionCompetitive Bids:InvestorBid PriceQuantity(Face Value)99.94677%$7.8 billion99.97567%$5.8 billion99.95668%$5.2 billionD99.96997%$3.2 billionE99.95112%$8.6 billionWhat is the stop-out price?O 99.97567%O 99.96997%O 99.94677%99.95668%99.95112%

Stop-Out Price is lowest price at which Treasury Securities are issued or highest price by bidders…

The Treasury Department would like to raise $24 billion in 90 day T Bills. The auction results are as follows: Noncompetitive bids $3.4 billion Competitive Bids: Investor Bid Price Quantity(Face Value). A 99.94677% $7.8 billion B 99.97567% $5.8 billion 99.95668% $5.2 billion 99.96997% $3.2 billion E 99.95112% $8.6 billion What is the stop-out price? 99.97567% 99.96997% 99.94677% 99.95668% 99.95112%

The Treasury Department would like to raise $24 billion in 90 day T Bills. The auction results are as follows: Noncompetitive bids $3.4 billion Competitive Bids: Investor Bid Price Quantity(Face Value). A 99.94677% $7.8 billion B 99.97567% $5.8 billion 99.95668% $5.2 billion 99.96997% $3.2 billion E 99.95112% $8.6 billion What is the stop-out price? 99.97567% 99.96997% 99.94677% 99.95668% 99.95112%

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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BitBox has raised $12 million in a Series A round with $37 million post-money value and a 1.5 × liquidation preference, and $25 million in a Series B round with a $75 million post-money value and a 3x liquidation preference plus seniority over Series A. What will Series A, Series B, and common shareholders receive if BitBox is sold for a. $87 million? b. $102 million? c. $200 million? d. $300 million?
Company A has a market capitalization of $2410539999 and 22833777 shares outstanding. It plans to distribute $35977773 through an open market repurchase. Assuming perfect capital markets: What will the price per share of the firm be right after the repurchase?
Based on the following table. Bid Ask EURUSD 1M FWD 7.05 7.34 EURUSD 2M FWD 14.99 15.15 EURUSD 3M FWD 22.57 23.05 EURUSD 4M FWD 30.25 30.55 EURUSD 5M FWD 38.03 38.43 EURUSD 6M FWD 45.91 47.2 EUR/USD Spot 1.1320 1.1328 What is the average annualized forward premium/discount for the EUR if you use the 4M forward contract (Format for answer: X.XX% or –X.XX%)
The target cost of a fixed price contract is $50,000. The price of the contract is targeted at $75,000 with a ceiling price of $100,000. The share ratio is 80/20. What is the Point of Total Assumption of this procurement? $100,000 $125,000 $81,250 $112,500
Suppose MajTrk has a front-end load fee of 7%. If you purchase 100 shares of this fund at the NAV, you will pay a commission of . If, in one month, you sell the shares, you pay a redemption fee at that time. If you are interested only in funds without any fee, you to use additional online resources to find no-load funds, because using only the quotations as listed in the table, it is to determine the amount of any front-end load fee that the fund may charge.
Dutch auction for $80 billion of US Treasury bills. Noncompetitive Bids total $20 billion, and competitive bidders in descending order of offer price are as giv table. Competitive Bids (in billions) Discount Rate Bid Bid Price per $100 0.0280% 99.99782 0.0285% 99.99778 0.0287% 99.99777 0.0290% 99.99774 0.0291% 99.99774 0.0292% 99.99773 0.0291% 99.99773 What is the discount rate necessary to sell all amount of Treasury bills? $5 $10 $15 $30 $45 $15 $10
A James fromholtz IS CONSIDERING WHETHER TO INVESTID A NEWLY. FORMED INVESTMENT FUND. a) € (r) — (100%) (0.10) + (0.40%) (0.35) + (10%) (0,45) + (-100/6) (0.10) = 118, 50²0 0.1858 b
Hoobastink Mfg. is considering a rights offer. The company has determined that the ex- rights price will be $61. The current price is $68 per share, and there are 10 million shares outstanding. The rights offer would raise a total of $60 million. What is the subscription price?
Based on the following table. Bid Ask EURUSD 1M FWD 7.05 7.34 EURUSD 2M FWD 14.99 15.15 EURUSD 3M FWD 22.57 23.05 EURUSD 4M FWD 30.25 30.55 EURUSD 5M FWD 38.03 38.43 EURUSD 6M FWD 45.91 47.2 EUR/USD Spot 1.1618 1.1624 What is the average annualized forward premium/discount for the EUR if you use the 6M forward contract (Format for answer: X.XX% or –X.XX%)
Please note; $45,383,919.96 is not correct The options are: $47,554,834 $45,465,040 $46,556,397 $48,000,000
You would like to sell 220 shares of Echo Global Logistics, Inc. (ECHO). The current ask and bid quotes are $15.44 and $15.39, respectively. You place a limit sell order at $15.43.If the trade executes, how much money do you receive from the buyer?
Suppose that a bank purchased 15 million shares of Company E. The shares are bid $34.2 and offer $35.4. The mean and standard deviation of the bid-ask spread are 0.034483 and 0.054, respectively. What is the cost of liquidation that we are 99% confident will not be exceeded (i.e., in a stressed market condition)? O 2.402 O 0.259 O 1.201

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