You want to endow a scholarship that will pay $ 7 comma 000$7,000 per year forever, starting one year from now. if the school's endowment discount rate is 6 %6%, what amount must you donate to endow the scholarship? how would your answer change if you endow it now, but it makes the first award to a student 10 years from today?

Burberry is pursuing a focused differentiation strategy aimed at high-end luxury customers. however, the company is also employing a segmentation strategy to separate customers within that focus. the strategy offers items at an entry-level price point for customers who desire to be like celebrities such as sarah jessica parker as well as couture items for those richest and celebrity customers. what strategy is burberry pursuing?