Download PDF by M. Hirschey, K. John, A.K. Makhija: Advances in Financial Economics, Volume 6 (Advances in

By M. Hirschey, K. John, A.K. Makhija

ISBN-10: 0762307137

ISBN-13: 9780762307135

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Additional info for Advances in Financial Economics, Volume 6 (Advances in Financial Economics)

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In the next three years it suffered a cumulative loss of $1,830,000 and announced to discontinue business in June 1989. There were no revenue generating operations in 90-92, however, losses from expenses amounted to $300,000. The company is a listed shell company looking for possible (reverse) acquisition. There were two known unsuccessful merger attempts. 4. Pasta Via International, Inc. The company’s business was to develop a chain of specialty retail stores selling fresh pasta, sauces, and related product.

Amereco IPO was offered on April 3, 1987. The company was not profitable and filed for Chapter 11 on February 27, 1990. 3. HDL Communications The company was founded in October 1985 as a vanity press which developed and published books in conjunction with the authors. , changed to Taliesin 35 36 1 2 3 4 5 6 7 8 9 1011 11 12 13 14 15 16 17 18 19 2011 21 22 23 24 25 26 27 28 29 3011 31 32 33 34 35 36 37 38 39 40 JAMES S. ANG AND STEWART L. , and finally to its present name in 1986. Its IPO was offered on March 3, 1987.

3. Average Spreads Outside Ask Less Outside Bid. 25 26 1 2 3 4 5 6 7 8 9 1011 11 12 13 14 15 16 17 18 19 2011 21 22 23 24 25 26 27 28 29 3011 31 32 33 34 35 36 37 38 39 40 JAMES S. ANG AND STEWART L. BROWN Fig. 4. Fig. 5. Average Markup and Markdown. Relative Incentive to Sell (Ao – Ai)/(Bi – Bo). Sub-Standard Security Markets 1 2 3 4 5 6 7 8 9 1011 11 12 13 14 15 16 17 18 19 2011 21 22 23 24 25 26 27 28 29 3011 31 32 33 34 35 36 37 38 39 40 27 and the numerator is the difference between the wholesale (inside) and retail (outside) price quotes.

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Advances in Financial Economics, Volume 6 (Advances in Financial Economics) by M. Hirschey, K. John, A.K. Makhija


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