Resident Assistant Selection with a Twist: Two staff managers in the B sorority, the house manager (player 1) and kitchen manager (player 2), must select a resident assistant from a pool of three candidates: {a, b, c}. Player 1 prefers a to b, and b to c. Player 2 prefers b to a, and a to c. The process that is imposed on them is as follows: First, the house manager vetoes one of the candidates and announces the veto to the central office for staff selection and to the kitchen manager. Next the kitchen manager vetoes one of the remaining two candidates and announces it to the central office. Finally the director of the central office assigns the remaining candidate to be a resident assistant at B.

Model this as an extensive-form game (using a game tree) in which a player's most-preferred candidate gives a payoff of 2, the second most-preferred candidate gives a payoff of 1, and the last candidate gives 0.

What are the main advantages and disadvantages of organizing a firm as a c corporation? the advantages are: (select all the choices that apply.) a. there is no limit on the number of owners a c corporation may have, thus allowing the corporation to raise substantial amounts of capital. b. the life of the business can continue beyond the death of any of the owners. c. the corporation can use the assets of the owners to pay for corporate liabilities. this attracts smaller investors to the corporation. d. the liability of the owners is limited to the amount of their investment in the firm. the disadvantages are: (select all the choices that apply.) a. income to a c corporation is subject to double taxation, once at the corporate level and again when received by the owners in the form of a dividend. b. the life of the business usually ends with the death of any of the owners. c. the c corporation is more complicated and more expensive to set up than other business entities. d. corporate liabilities can be passed on to the share

4. the condition requires that only one of the selected criteria be true for a record to be displayed.

Rossdale co. stock currently sells for $68.91 per share and has a beta of 0.88. the market risk premium is 7.10 percent and the risk-free rate is 2.91 percent annually. the company just paid a dividend of $3.57 per share, which it has pledged to increase at an annual rate of 3.25 percent indefinitely. what is your best estimate of the company's cost of equity?