As mergers, acquisitions, and restructuring have increased in importance, agency theory has become more important in assessing whether Multiple Choice shareholder goals are truly being achieved by managers in the long run. managers are owners of the company and act the same with the same interests. a stock repurchase should be undertaken. managers are actually agents or only employees of the firm.

Using the exxon data as an example what would be the market capitalization of penny's pickles if each share is selling for $175.35?

Six years ago, an 80-kw diesel electric set cost $160,000. the cost index for this class of equipment six years ago was 187 and is now 194. the cost-capacity factor is 0.6. the plant engineering staff is considering a 120-kw unit of the same general design to power a small isolated plant. assume we want to add a precompressor, which (when isolated and estimated separately) currently costs $13291. determine the total cost of the 120-kw unit. (hint: skip $ and comma symbols)

If an investment has 35 percent more nondiversifiable risk than the market portfolio, its beta will be: