Consider a market with four firms. Suppose the first firm has a 49%market share, the second firm has a 30% market share, the third firm has a 20% market share and the fourth firm has a 1% market share. Using the Herfindahl-Hirschman Index (HHI), what is this markets level of concentration?. (Enter a numeric response using an integer.) Now suppose the third and fourth firms propose to merge. Were they to merge, then the market's HHI would increase to Given the increase in the HHI that would be caused by the proposed merger, would the government likely allow such a merger to occur?

Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.