Hawar International is a shipping firm with a current share price of $4.53 and 10.3 million shares outstanding. Suppose that Hawar announces plans to lower its corporate taxes by borrowing $19.3 million and repurchasing shares, and that shareholders expect the change in debt to be permanent. Corporate tax rate is given as 30%. a) If the only imperfection is corporate taxes, what will be the share price after this announcement? b) Suppose the only imperfections a

There's a cartoon that has become a social media meme. two pigs are chatting. the first pig says, "isn't it great? we have to pay nothing for the barn." the second pig replies. "yeah! and even the food is free." this cartoon is frequently linked to a quote that goes something like this: "if you're not paying for it, you're not the customer; you're the product being sold." what do these statements imply about social media? what are the specific ways that social media users become a product that is being sold?