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1. Pick a publicly traded company. Describe its competitive advantage using the resource-based model of above average returns.

2. If Freeman deposits $18,500 in a savings account that earns 3.4% APR compounded daily, what will be the balance in 7 years?

(Enter a number rounded to two decimal places.)

3. Explain the basic attributes of bonds; how are bonds priced in the market and why some bonds are more volatile than others

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