It is Halloween evening and Nick and Rachel have just returned home after trick-or-treating. They have been dividing up the candy and are now down to four candy bars: Snickers, Milky Way, Kit Kat, and Baby Ruth. The allocation procedure is that Nick gets to choose one of the four candy bars, then Rachel can choose one of the three remaining candy bars, then Nick chooses one of the two remaining candy bars, and finally Rachel gets the remaining candy bar. Nick’s preferences are that he most likes Snickers (assigning it a payoff of 5) then Milky Way (payoff of 4), then Kit Kat (payoff of 3), and lastly Baby Ruth (payoff of 1). Rachel most likes Milky Way (payoff of 6), then Kit Kat (payoff of 5), then Baby Ruth (payoff of 4), and finally Snickers (payoff of 2). Using SPNE, how are the candy bars allocated between Nick and Rachel?

Burke enterprises is considering a machine costing $30 billion that will result in initial after-tax cash savings of $3.7 billion at the end of the first year, and these savings will grow at a rate of 2 percent per year for 11 years. after 11 years, the company can sell the parts for $5 billion. burke has a target debt/equity ratio of 1.2, a beta of 1.79. you estimate that the return on the market is 7.5% and t-bills are currently yielding 2.5%. burke has two issuances of bonds outstanding. the first has 200,000 bonds trading at 98% of par, with coupons of 5%, face of $1000, and maturity of 5 years. the second has 500,000 bonds trading at par, with coupons of 7.5%, face of $1000, and maturity of 12 years. kate, the ceo, usually applies an adjustment factor to the discount rate of +2 for such highly innovative projects. should the company take on the project?

Which of the following is one of the advantages primarily associated with a performance appraisal? (a) it protects employees against discrimination on the basis of race. (b) it motivates employees to work on their shortcomings. (c) it encourages employees to play the role of the whistle-blower. (d) it accurately measures the resources of the firm.

Your subscription to investing wisely weekly is about to expire. you plan to subscribe to the magazine for the rest of your life, and you can renew it by paying $85 annually, beginning immediately, or you can get a lifetime subscription for $620, also payable immediately. assuming that you can earn 6.0% on your funds and that the annual renewal rate will remain constant, how many years must you live to make the lifetime subscription the better buy?