Conflict is an antidote for groupthink. 57)

Which term best refers to a well-connected person who does not make the buying decision but has an impact on the person who does?

A) gatekeeper B) referral C) prospect D) intermediary E) center of influence

Using the Binomial Model, find the values of a firm's levered equity (EL), and the expected return on the equity, rLE, given the following values: V=100, u=1.3, d=1/u, p=0.7, rf=5%, X=100, and T=3

EL rLE a. 32.34 6.92% b. 32.34 10.74% c. 18.96 6.92% d. 18.96 10.74% FORMULAS: ; EL = ; ;