We will assume that Nathans, Inc has 3-year zero-coupon debt outstanding, which will pay $200 at maturity. The assets are valued at $175, ? = 0.20, r = 0.04, and the company does not pay a dividend

Using a Black-Scholes model, what is the value of the equity?
A) $23.05
B) $43.05
C) $63.05
D) $83.05


A

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Caribou Coffee Company, Inc operates coffeehouses primarily in the United States. The company wants to launch a new brand of specialty coffee and it has created a few hypothetical combinations

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Pepe Homes manufactures a range of bathroom accessories and fittings that include bathtubs, shower stalls, etc

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No journal entries are required for the reconciling items on the bank side because ________.

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David is discussing changes to the smoking policy at work. Though the company as a whole wants a work environment that is smoke-free, over half of David’s employees prefer to smoke during their lunch breaks in the break room. After many complaints about the new policy, David tries to appease the workers who want to smoke by directing them to smoke outside the building in designated smoking zones, thus minimizing their loss. How is David overcoming resistance with his staff?

a. by creating a win-win situation b. by creating urgency c. by clearly state why the change is needed and how it will affect employees d. by developing a positive trust climate for change

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