In a Treasury auction of Rs 2,500 million par value 91-day T-bills, the following bids were submitted: Bidder 1 2 3 4 5 Bid Amount (Rs in million) Rs 500 750 1,500 1,000 600 Price Rs 0.9940 0.9901 0.9925 0.9936 0.9939 a. If only these competitive bids are received, who will receive T-bills, in what quantity, and at what price? b. If the Treasury also received Rs 750 million in non-competitive bids, who will receive T-bills, in what quantity, and at what price?

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You long a futures contract for 500 units of silver for $60 per unit. The initial margin is $3,000 and the maintenance margin is $2,000. What is the silver price at which you will receive a margin call? A.$62 B.$56 C.$58 D.$64

Assume the following information: Quoted Bid Price Quoted Ask Price Value of a Brazilian real (BRL) in $ $0.20 $0.21 Value of a Chilean peso (CLP) in $ $ .0010 $.0011 Value of a Brazilian real (BRL) in Chilean peso (CLP) CLP212.50 CLP212.75 Evan has $80,000 to conduct triangular arbitrage. What will be Evan's profit from implementing this strategy? Question 20 options: $567.29. $952.38. $631.24. $829.63.

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Please show step by step how to solve this  AMT is currently trading at $110/share. You bought 4 CALL-option contracts on AMT with a strike price of $100 for $26.0 each and sold 4 CALL - option contracts on AMT with a strike price of $130 for $7.0 each. a.  What will be your total $ and % gain/loss if AMT price is $115 at the expiration date?b.  What will be your total $ and % gain/loss if AMT price is $135 at the expiration date?c.  What will be your total $ and % gain/loss if AMT price is $100 at the expiration date?

AVC Auctions (AVCA) has offered its 16.6 million shares in a Dutch Auction IPO. The following bids have been received:Bidder              Quantity                        Price     1                     4,150,000                      $ 25.60     2                     5,500,000                      $ 25.35     3                     7,000,000                      $ 25.00     4                     2,250,000                      $ 24.75How many shares will Bidder 3 be able to purchase?                                                                                                      How much will Bidder 3 have to spend to purchase all of the shares that have been allocated to them?

1. Swenson Markets would like to sell an additional 1,000 shares of stock using a Dutch auction. The bids received are as follows: (Table below should be interpreted as follows: Bidder A is willing to pay $31 for each share, up to 100 shares while bidder B is willing to pay $29 for each share, up to 100 shares) (Hint: Remember that for Dutch auctions, sell shares first to bidder with willing to pay the highest price and then to bidder with second highest price and so on until all shares are sold. However, every bidder will pay the price of the last bidder to receive any shares. In other words, everyone will pay the lowest price of all successful bidders receiving shares regardless of their own price bids.) Bidder Price A B с 500 D 600 E 400 What is the total amount the issuer will receive from this auction? Ignore costs. Quantity 100 100 $31 $29 $28 $27 $26

Vijay