Responsibilities of marketing and advertising department

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Reference no: EM131900637

1. What are the responsibilities of Marketing and Advertising Department?

What should they do and create?

2. The current market value of the assets of Smethwell, Inc. is $84 million, with a standard deviation of 13 percent per year. The firm has zero-coupon bonds outstanding with a total face value of $42 million. These bonds mature in 2 years. The risk-free rate is 4 percent per year compounded continuously. What is the value of d1?

4.60

4.68

4.52

4.30

4.36

Reference no: EM131900637

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