Sleepy tyme and 100 shares of bricks n mortar. recompute, Ask an Expert

Management Studies

Four companies performed IPOs last month: Hot.Com, Biotech Pipe Dreams Corp., Sleepy Tyme Inc., and Bricks N Mortar International. All four companies went public at the offer price of $10 per share. First day performance of each stock(measured as the percentage difference between IPO offer price and first day closing price) given below:

Company First Day Return
Hot.Com 45%
Biotech Pipe Dreams 30%
Sleepy Tyme 5%
Bricks N Mortar 0%

a. You submit bid through you broker for 100 shares of each company. Your orders were filled totally, and you cashed out of each deal after one day. Determine average return on these investments?

b. Next assume your orders were not all filled totally as of excess demand for "hot" IPOs. After ordering 100 shares of each company, you were able to purchase only 10 shares of Hot.Com, 20 shares of Biotech Pipe Dreams, 50 shares of Sleepy Tyme, and 100 shares of Bricks N Mortar. Recompute your average return, taking into account your orders were only partly filled.

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M936872

Have any Question?

Related Questions in Business Management

Petrie electronics implemented its customer relationship

Petrie Electronics implemented its Customer Relationship Management (CRM) system, No Customer Escapes last week. But like any system, the Change Management team receives a request for a change to the system. The Project ...

Can a christian ceo of a secular corporation set an ethical

Can a Christian CEO of a secular corporation set an ethical tone for the company without compromising scriptural principles and at the same time avoid offending the diverse religious beliefs of potentially thousands of e ...

Organizational development strategyassignment you assessed

Organizational Development Strategy Assignment, you assessed the training needs for the situation in the scenario and developed a proposal to address the needs. For this assignment, you will create an organizational deve ...

Assignmentthis assignment will give you the opportunity to

Assignment This assignment will give you the opportunity to choose a case study, and then write about the ethical implications and the impact of the events that are described. Each case study includes a set of questions ...

Note online students please respond to one 1 of the

Note : Online students, please respond to one (1) of the following two (2) bulleted items. From the weekly readings and e-Activity, suggest three (3) strategies that a public leader could use in order to do the following ...

Write a two-page reflection paper by recommending at least

Write a two-page reflection paper by recommending at least six marketing and advertising strategies (concepts) and explaining how each strategy would strengthen the brand for an e-commerce site. Use Times New Roman, 12 p ...

Step 1nbspcomplete the assigned unit 2 reading and learning

Step 1: Complete the assigned Unit 2 Reading and Learning Activities, available in the Unit 2 Learning Activities section. Step 2: Select an article from the Opinion page of a national newspaper like The Washington Post ...

The internet brings up new issues with jurisdiction if a

The internet brings up new issues with jurisdiction. If a company ships products to a State but does not have a physical presence in the State can they still be summoned to appear in Court in the State where the products ...

Read the news article exchange rate restrictions lifted in

Read the news article "Exchange Rate Restrictions Lifted in Interbank Market" (http://naviny.by/en/rubrics/english/2011/04/19/ic_articles_259_173315) and discuss on the following questions. Why did Belarus decide to abol ...

Discuss the characteristics of a successful persuasive

Discuss the characteristics of a successful persuasive speech.

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert