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Sue and Clark have a contract by which Sue agrees to buy all of her office supplies from Clark for a year. Frequently, however, Clark delivers late, delivers pens that don’t write and a product altogether unsatisfactory to Sue. Sue just wants to end the contract. What remedy would she seek?
Mary, a student at Resurrection Parish Community College, believed that her friend and fellow student Lizzy was having an affair with their professor, Professor Jones. Mary went to the dean of the College and expressed his concerns. Taking Mary’s word, the Dean called Professor Jones into her office and terminated his employment. What part of the constitution did the Dean violate when terminating Professor Jones in that matter? Why?
The minimum wage in the United States is $7.25 an hour. Assume that the state of Louisiana passed a law that set the minimum wage at $6.00 an hour. This Louisiana minimum would violate the constitution. Why? (Identify and briefly explain which clause of the constitution this would violate).
A stock had returns of 11%, 1%, 9%, 15%, and -6% for the past five years. Based on these returns, what is the approximate probability that this stock will earn at least 23% in any one given year?
In terms of resource investment requirements, what is the cost of Casa de Diseno's operational inefficiency - what annual savings will result, assuming the sales remain constant?
In 1975, interest rates were 7.99% and the rate of inflation was 12.27% in the United States. What was the real interest rate in 1975? How would the purchasing power of your savings have changed over the year?
Extended Warranty. Ted just moved into an apartment, and it does not have a refrigerator. A refrigerator is worth $3 every day because Ted will eat out less. Ted has a discount rate of 28%. Refrigerators usually last 4 years. How much is Ted willing ..
Each of the following factors is sometimes a constraint on the free movement of funds internationally. Why would a government impose such a constraint? How might the management of a multinational argue that such a constraint is not in the best intere..
A Japanese company has a bond outstanding that sells for 86 percent of its ¥100,000 par value. The bond has a coupon rate of 4.5 percent paid annually and matures in 16 years. What is the yield to maturity of this bond?
A student has some $1 bills and some $5 bills. He has 15 bills totaling $47. How many of each type of bill does he have and what 2 equations using substitutions can be used to solve them?
Assume that you manage a risky portfolio with an expected rate of return of 12% and a standard deviation of 47%. The T-bill rate is 4%. Stock A 31 % Stock B 31 % Stock C 38 % A client prefers to invest in your portfolio a proportion (y) that maximize..
James River Corp has preferred stock outstanding that trades at $125. If the stock yields 8%, what is the expected value of each quarterly dividend payment?
developing a balanced scorecardneed for organisations to measure and manage performance against objectives as well as
You are considering acquiring SunBlocker Oil common stock that you would like to hold for one year. You expect to receive both $2.50 in dividends and $37 from the sale of the stock at the end of the year. You require a minimum rate of return of 15%. ..
One-year zero coupon treasury bonds are selling for £975.61 in the U.K. and for $963.86 in the U.S. Assume $1,000 face value in dollars for the U.S. bond and £1,000 face value for the U.K bond, and round interest rates to two decimal places, e.g. 2.5..
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