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How did MLB teams secure monopsony power? How did the players eventually fight against this monopsony power?
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A $600 investment has the following payoff frequency: a quarter of the time it will be $0; three quarters of the time it will pay off $1000. Its standard deviation and value at risk respectively are(show work).
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Do you think that the taxicab industry in large cities would be subject to significant economies of scale? Why or why not?
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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
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