The historical discount rate of the firm may be a good indicator of the appropriate discount rate to apply to the firm in the future, when all of the following conditions hold true except:
a. The current risk of the firm is the same as the expected future risk of the firm.
b. Expected future interest rates are likely to equal current interest rates.
c. The existing capital structure of the firm is the same as the expected future capital structure of the firm.
d. The current mix of debt and equity financing is equal.
D
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You should be able to summarize the main idea for a speech in a single sentence that links your subject and purpose to the audience's frame of reference
Indicate whether the statement is true or false.
Many individuals, when persuaded by a trusted friend to participate in fraud, will rationalize the actions as being justifiable. Which type of power is being employed in such situations?
a. Referent power b. Legitimate power c. Coercive power d. Reward power
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Indicate whether the statement is true or false
The international structural stages model suggests that a typical evolutional path for an international company's structure would be
A. from international division to worldwide product division to geographical area division. B. from geographical area division to worldwide product division to global matrix. C. from international division to geographical area division to worldwide product division. D. from functional division to horizontal company to virtual corporation. E. from international division to worldwide product division to global matrix.