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The stock of Michelle Travel company is selling for 43.00 a share. You put in a limit buy order at 44.00 for one month. During the month, the stock price declines to a low of 38.00, jumps to a high of 53.35, and has a final stock price of 43.00. Ignore commissions.
What is the rate of return on this investment, the rate of return if you had put in a market order rather than the limit order, and what if the limit order was 39.00 rather that 44.00 per share?
Given the estimated sales forecast and the estimated relationship between inventories and sales, what are your forecasts of the company's year-end inventory level and its inve
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One year ago, Alpha Supply issued 15-year bonds at par. The bonds have a coupon rate of 6.5 percent and pay interest annually. Today, the market rate of interest on these bo
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