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Svetlanka [38]
3 years ago
7

Malik is the top employee at the local Deloitte office, and he just received a competing offer from PwC. Deloitte is considering

how to retain Malik and is choosing between offering him a one-time money bonus or offering him extra vacation time. Based on what they offer him, Malik can then choose to stay or leave. The payoffs are given in the following sequential game tree: At the Nash equilibrium, Deloitte will choose ____________ and Malik will respond with ____________.There is no Nash equilibrium.Money Bonus ; StayExtra Vacation ; StayExtra Vacation ; LeaveMoney Bonus ; Leave
Business
1 answer:
GREYUIT [131]3 years ago
8 0

Answer: Extra Vacation ; Stay

Explanation:

<em>At the Nash equilibrium, Deloitte will choose </em><em><u>extra vacation</u></em><em> and Malik will respond with </em><em><u>stay</u></em><em>.</em>

A Nash Equilibrium is the optimal outcome for each player given the decisions of the other player.

Looking at the the sequential game tree, if Deloitte offered a Money Bonus, Malik would leave because it offers him a higher payout. Deloitte would not want this because they gain more when he stays.

If Malik is offered extra vacation however, Malik stands to gain more than every other option if he stays and Deloitte would therefore offer him this because it will still be a gain for them. This is the Nash equilibrium.

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3 years ago
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2 years ago
Bill has always taken his dry cleaning to Tom's Dry Cleaning, Inc. One morning while Bill is in a hurry, he walks in the door of
blondinia [14]

Answer: C. an implied contract.

Explanation:

An Implied Contract is one that arises as a result of the way one or both of the parties involved in the contract acts towards the other.

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The basic principle of this contract is that people should always be treated fairly in business transactions so the need to always pen it down is not necessary.

By walking in and leaving his clothes at the laundry, Bill got into an Implied Contract as it would be unfair for Tom to just clean his clothes with no payment.

3 0
2 years ago
A company has outstanding 20-year noncallable bonds with a face value of $1000, and 11% annual coupon, and a market price of $1,
Helen [10]

Answer:

8% and 4.8%

Explanation:

In this question, we use the Rate formula which is shown in the spreadsheet.  

The NPER represents the time period.  

Given that,  

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Future value or Face value = $1,000  

PMT = 1,000 × 11% = $110

NPER = 20 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this,  

1. The pretax cost of debt is 8%

2. And, the after tax cost of debt would be

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6 0
3 years ago
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cluponka [151]

Answer:

E. tutorials

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The type of documentation explained in the question would be considered as "tutorials". These can be written, verbal or visual documentation that teaches you how to perform a specific function or task with step by step instructions. That way you know every step that you need to take in order to be able to get that certain task done.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
3 years ago
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