Smoltz motors has plants around the country that specialize in specific models of cars. smoltz has determined that lower demand has led the firm’s inventory of suvs to be too high. smoltz wants to stop production for its suvs and focus on its sedans.

this example describes a real option to .

When an interest-bearing note comes due and is uncollectible, the journal entry includes debiting

Tyler has coffee with one of his direct reports almost daily. he does this to inquire in an informal way about progress on the job, and to provide coaching and support, as well as appropriate congratulations for special efforts. tyler is exhibiting which type of managerial skill?

Bond x is noncallable and has 20 years to maturity, a 7% annual coupon, and a $1,000 par value. your required return on bond x is 10%; if you buy it, you plan to hold it for 5 years. you (and the market) have expectations that in 5 years, the yield to maturity on a 15-year bond with similar risk will be 9.5%. how much should you be willing to pay for bond x today? (hint: you will need to know how much the bond will be worth at the end of 5 years.) do not round intermediate calculations. round your answer to the nearest cent.