A 60-year-old investor should not be too concerned about liquidity and market risk in their retirement portfolio
Indicate whether this statement is true or false.
Answer: FALSE
Business
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The Cash Store Co just repurchased 11.875 million shares at a price of $14. The stock was trading at a price of $16 prior to the repurchase, but a market correction gave the company an opportunity to repurchase at a lower price
There were 100 million shares outstanding prior to the repurchase. The stock is now trading for $16.27. What is the aggregate gain in value to all the shares that remain outstanding as a result of the repurchase? (Compare their value before the repurchase to their value after.) A) $18.125M B) $20.125M C) $21.122M D) $23.794M E) $27.000M
Business
Describe the characteristics of a product team structure
What will be an ideal response?
Business