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Adolf and Ida Krueger contracted with Pisani Construction, Inc. to erect a metal building as an addition to an existing structure. The two structures were to share a common wall, and the frames and panel heights of the new building were to match those of the existing structure. Shortly before completion of the project, however, it was apparent that the roofline of the new building was approximately three inches higher than that of the existing structure. Pisani modified the ridge caps of the buildings to blend the rooflines. The discrepancy had other consequences, however, including misalignment of the gutters and windows of the two buildings, which resulted in an icing problem in the winter. The Kruegers occupied the new structure but refused to make the last payment under the contract. Pisani filed a suit in a Connecticut state court to collect. Do you think Pisani substantially performed its obligations? Should the Kruegers be ordered to pay? Why or why not?
Computation of net present value with given data and What is its net present value
Booher Book Stores has a beta of 0.8. The yield on a 3-month T-bill is 4%, and the yield on a 10-year T-bond is 6%. The market risk premium is 5.5%, and the return on an average stock in the market last year was 15%. What is the estimated cost of ..
Choose assumptions that absolutely must remain valid. That is, if these assumptions don't hold true, international strategy success is in immediate danger.
Suppose the current exchange rate for the Russian ruble is RUB 30.15. The expected exchange rate in three years is RUB 33.86. Assume that the anticipated inflation rate is constant for both countries.
Computation of capital generation at a sales level and How much capital will Longfellow generate by this sale
Randall Corporation plans to borrow $250,000 for one year at 21 percent from the Waco State Bank. There is a 29 percent compensating balance requirement. Randall Corporation keeps minimum transaction balances of $16,000 in the normal course of bus..
Today, the firm is repurchasing $4,800 worth of stock. Ignore taxes. What will the earnings per share be after the stock repurchase?
Mario's auto shop plans to purchase a new garage in 3 years to have more space for repairing it's trucks. The garage cost $400,000. What lump sum amount should the company spend now to have the $400,000 available at the end of the 3 yr period?
Computation of IRR as well as net present value and Look at the graph you draw and write a short paragraph stating what the graph
Gearworks, corporation manufactures parts for industrial machinery. The manufacturing process needs a variety of machines that grind, heat treat, & polish steel into various shapes.
An eight year old storage tank has to be replaced or repaired because of severe corrosion. You have been asked to investigate three options
Computing interest rate risk of Both Bond Sam and Bond Dave have 16 percent coupons and make semi-annual payments
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