Aflight route is served by american airlines (aa) and southwest airlines (sw). suppose american is the industry leader american will decide whether to raise airfares, and then southwest will decide whether to match the price increase. what is the nash equilibrium of the game?
a) the game does not have a nash equilibrium.
b) american will leave fares unchanged and southwest will leave fares unchanged
c) american will leave fares unchanged and southwest will raise fares
d) american will raise fares and then southwest will leave fares unchanged
e) american will raise fares and then southwest will raise fares.

What comprises a list of main points and sub-points of a topic to include in a presentation

Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?

Variable rate cd’s = $90 treasury bills = $150 discount loans = $20 treasury notes = $100 fixed rate cds = $160 money market deposit accts. = $140 savings deposits = $90 fed funds borrowing = $40 variable rate mortgage loans $140 demand deposits = $40 primary reserves = $50 fixed rate loans = $210 fed funds lending = $50 equity capital = $120 a. develop a balance sheet from the above data. be sure to divide your balance sheet into rate-sensitive assets and liabilities as we did in class and in the examples. b. perform a standard gap analysis and a duration analysis using the above data if you have a 1.15% decrease in interest rates and an average duration of assets of 5.4 years and an average duration of liabilities of 3.8 years. c. indicate if this bank will remain solvent after the valuation changes. if so, indicate the new level of equity capital after the valuation changes. if not, indicate the amount of the shortage in equity capital.