What are some characteristics of traditional management?
a. person in charge telling followers what to do
b. directing and controlling behavior
c. judging employees' performance
d. all of these
D
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Modigliani and Miller (M&M) proposed a model in which, given certain restrictive assumptions, the capital structure of a firm does not impact the value of the firm
Indicate whether the statement is true or false
The beginning-of-the-year prices for a pair of boots are $50 in the United States and ¥8,000 in Japan. We know that prices in the United States and Japan will change over the coming year due to inflation
If we assume that inflation in the United States (our home country, infh) will be 4% and inflation in Japan will be 3% (our foreign country, inff), what will the price of the boots be at the end of the year? A) The U.S. boot price is $52 and we do not know the Japanese boot price. B) The U.S. boot price is $52 and the Japanese boot price is ¥8,240. C) The Japanese boot price is ¥8,240 and we do not know the U.S. boot price. D) We cannot determine either boot price.