Think about the different ways entrepreneurs can start their businesses. Which of the following can an entrepreneur expect when buying an existing business? a. The entrepreneur will have the benefit of learning the business’s past successes and failures.
b. The entrepreneur is less likely to make mistakes that will cause the business to lose money.
c. The business will have working relationships with vendors and suppliers.
d. The entrepreneur will not benefit from business and financial projections made by the prior owner.

Sharon had some insider information about a corporate takeover. she unintentionally informed a friend, who immediately bought the stock in the target corporation. the takeover occurred and the friend made a substantial profit from buying and selling the stock. the friend told sharon about his stock dealings, and gave her a pearl necklace because she "made it all possible." the necklace was worth $10,000, but she already owned more jewelry than she desired.

Jallouk corporation has two different bonds currently outstanding. bond m has a face value of $50,000 and matures in 20 years. the bond makes no payments for the first six years, then pays $2,100 every six months over the subsequent eight years, and finally pays $2,400 every six months over the last six years. bond n also has a face value of $50,000 and a maturity of 20 years; it makes no coupon payments over the life of the bond. the required return on both these bonds is 10 percent compounded semiannually. what is the current price of bond m and bond n?

Amajor advantage of case studies is