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podryga [215]
2 years ago
7

Devon Baines is a board member with DDO Inc., a large pharmaceutical firm. At a recent meeting, the board votes to take over a s

maller competitor whose shares trade in the OTC market and are priced at $50 per share. DDO will offer $75 per share and the offer will become public ten hours after the meeting. Baines decides to purchase shares in the target firm immediately after the meeting, but when he calls his broker to place the order, he is informed the price of the target firm is $72. The market is most likely: Weak form. Strong form. Semi-strong form. Inefficient.
Business
1 answer:
PolarNik [594]2 years ago
8 0

Answer: Strong form.

Explanation:

The Strong form efficient market is one where all the information regarding a stock is are already reflected in the stock's price. All information means that both private and public information are accounted for.

The plan to offer $75 per share for the small competitor was decided in a private board meeting yet as soon as the meeting was over, the proposed price had already reflected in the OTC market price. This shows that the market is strong form efficient.

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Kanska, an application development firm, received a contract to develop a mobile application for a company. The brief mentioned
Serjik [45]

Answer:

The information provided to Kanska was insufficient.

Explanation:

The onus was on the company to provide all the necessary information for Kanska to work with.

An application development firm only creates applications based on the requirements gathered from clients and if clients don't divulge all necessary information, there is bound to be dissatisfaction in service when the mobile application is provided.

3 0
1 year ago
Xander is preparing the promotional plan for Wenger Swiss Gear backpacks in early May. This promotion will be executed in the mo
ValentinkaMS [17]

Answer:

A. Advertising

Explanation:

Advertising is a paid form of non-personal communication targeted to an audience and usually employed by business men to promote their goods and services. The mass media which includes; radio, television, newspapers, e-mail are the means though which products can be advertised.

The description of what Xander wants to do which includes paying for the non-personal message which would be communicated through mass media, fit the description of advertising.

3 0
2 years ago
Read 2 more answers
Minnetonka Company leases an asset. Information regarding the lease:
wariber [46]

Answer: The options are given below:

A. Short term.

B. Operating.

C. Long

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The correct option is D. Finance.

Explanation: A finance lease is the kind of lease in which a finance company is the legal owner of the asset throughout the duration of the lease, while the lessee has both operating control over the asset, and some share of the economic risks and returns from the change in the valuation of the underlying asset.

In a finance lease agreement, ownership of the property is transferred to the lessee at the end of the lease term.

4 0
2 years ago
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d1i1m1o1n [39]

Consumer surplus is the difference between the total amount a consumer is willing to pay for an item and what they actually pay. The total amount that Natasha, Nelson and Nikolai are willing to pay for the flashlight is $34, the amount they do pay is $20. So, the total consumer surplus for them is $14.

4 0
2 years ago
You have figured out the marginal cost and the marginal benefit of buying an extra smoothie. In 2-3 sentences, describe how you
saw5 [17]
I think I must first get the marginal cost of the product before i bought if it is worth it to its value, Then i would compute for the marginal benefit to know what would i gain in this product. Lastly I would compare both the marginal cost and marginal percentage if the cost is lower than the benefit then the product is worth it to buy.
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2 years ago
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