An investor has had held shares of ABC restricted stock for over 1 year. ABC...
80.2K
Verified Solution
Question
Finance
An investor has had held shares of ABC restricted stock for over 1 year. ABC has 3,000,000 shares outstanding. The most recently reported weekly trading volumes for ABC are as follows: 1 week ago - 30,000 2 weeks ago - 40,000 3 weeks ago - 25,000 4 weeks ago - 35,000 5 weeks ago 40,000 What is the maximum number of shares that the investor can sell under Rule 1447 35.000 40,000 32.500 30,000 QUESTION 6 A syndicate is underwriting a new stock offering in a divided account. The offering is 5.000.000 shares and a member of the syndicates responsible for selling 500.000 shares after selline 400.000 shares of the allotment the managerreports there are 1.500.000 sharestettunsold by the syndicate how many shares is the syndicate member responsible for selling at this point 00 300.000 150.000 00.000

Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.