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Comparative Advantage a. Explain how the theory of comparative advantage relates to the need for international business. b. Explain how the product cycle theory relates to the growth of an MNC.
Statistics and Probability, Statistics
According to a Field Poll, 79% of California adults (actual results are 400 out of 506 surveyed) feel that "education and our schools" is one of the top issues facing California. We wish to construct a 90% confidence int ...
Approximately once a month cars are shipped from Rotterdam, Holland to Lagos, Nigeria. The past data collection indicates that the weight of a car is normally distributed with the mean of 1,070 kg and the standard devia ...
A population has a mean of 400 and a standard deviation of 50. Suppose a sample of size 125 is selected and is used to estimate . Use z-table. 1) What is the probability that the sample mean will be within +/- 6 of the p ...
A log yard uses 3 digit numbers to identify their current stock: a) How many 3 digit numbers can be formed from the digits 0, 1, 2, 3, 4 and 5 if each digit can be used only once and the number cannot begin with 0? b) Wh ...
The service manager for a car dealership reviewed sales records of the past 25 sales of new cars to determine the number of warranty repairs he will be called on to perform in the next 90 days. Corporate reports indicate ...
A book company sells 10, 000 books a month, each book has a 1/500 chance of being returned. Us the Poisson approximation to find the probability that the number of books returned in a month will be at most 3.
It has been a bad day for the stock market and you have heard that only 30% of all stocks gained value. Suppose you have a portfolio of 10 securities and assume a binomial distribution for the number of your stocks that ...
A coin is biased so that the probability of obtaining heads is ¾, What is the probability of obtaining at least three heads in four tosses of the coin?
Why has LIBOR played such a central role in international business and financial contracts? Why has this been questioned in recent debates over its value reported?
Suppose you invest $2,000 today and receive $9,500 in five years. a. What is the internal rate of return? (IRR) of this? opportunity? b. Suppose another investment opportunity also requires $2,000 upfront, but pays an eq ...
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p
Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As
Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int
Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As