Answer:
b) Managerial hubris
Explanation:
Based on the scenario being described within the question it can be said that the term that is often used to describe this would be Managerial hubris. This term refers to the unrealistic belief by managers that believe that they can manage a target firm's assets better than that firm's current management. Which is what is happening in this scenario since the managers at Winter Wonder believe that they can do a better job at managing the Sleds by Bob business better that their current managers.
International patent rights.
Part IV of US Code Title 35 established the <u>Patent Cooperation Treaty</u> which made it easier to protect your idea via patent in every country that agreed to the treaty.
EMV is the Expected monetary value of a particular decision. But a decision implies at least 2 choices. Calculating the EMV only makes sense when it is done for all choices. In this example, if your company does A, the EMV of this decision is $2,800. In order to decide what to do, you need to know the EMV of choice B.
Since there is no further information, let's assume that choice B is "doing nothing" and has no costs and no potential gain. Then the EMV for B is $0. A rational decision-maker will chose the option with the highest EMV. In this case, Choice A. It is not about the $2,800, it is about the highest EMV.
Answer:
A company with long-term debt
A. True/false questions:
1. __TRUE___ The current market rate of interest on this bond is less than 4.65 percent. __FALSE___ The current market rate of the bond affects the amount that the company pays in annual interest. _FALSE____ The current market rate of interest affects the amount of interest expense for the current year.
B. The appropriate multiple choice response:
2. The current market rate of interest on this bond is less than 4.65 percent.
Explanation:
Since the bond is being sold on the New York Bond Exchange at 103.39, it implies that it is selling at a premium. Therefore, the effective interest rate will be less than the face interest rate of 4.65%. This is the reason for the bond to be selling at a premium. That is, it is selling above the face value of 100 per bond. Conversely, when a bond sells at a discount, say 98 per bond, the effective interest rate will be higher than the face interest rate. The face interest rate is the stated interest rate while the effective interest rate is the market rate.
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