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Mark operated an automobile repair and tow shop in Boston Massachusetts. After accepting a job in another city, Mark closed the shop and sold his tow trucks to Robert and Bess Daly, who opened a business called Boston Towing Company. The contract for the tow trucks included the following provision: Covenant Not to Compete. Seller agrees not to engage in the business of towing or to commit any other acts detrimental to the business operated by the Buyers. Mark soon became dissatisfied with his job and returned to Boston and opened a business called Mark Tow Services. The Daly’s sue him for violation of the covenant not to compete. Should the court enforce the agreement? If the Daly’s had asked for your recommendation on improving the covenant not to compete PRIOR to signing, what would you advise?
You have an opportunity to exchange your security with the security of your colleague. Would you make the exchange?
Jan sold her house on December 31 and took a $30,000 mortgage as part of the payment. How much interest was included in the first payment?
Locus Quintatus, Inc., a highly profitable maker of customized chariots, is planning to introduce a new model shortly. The firm must purchase equipment immediately at a cost of $900,000. Freight and installation costs for this equipment will be $100,..
Stated Rate (APR) Number of Times Compounded Effective Rate (EAR)
Purple Haze Machine Shop is considering a four-year project to improve its production efficiency.
find the book value immediately after the payment of the 7th coupon. B_7 = $
Assume the standard deviation of security A is 0.25 and the standard deviation of security B is 0.18.
What is the present value of the new drug if the interest rate is nbsp 7 % 7% per? year?
Drongo Corporation's 5-year bonds yield 7.96%. The real risk-free rate is 2.74%. The maturity risk premium is estimated to be 0.13%(t-1), where t is equal to the time to maturity. If the average inflation rate is expected to be 5.8% for years subsequ..
We are considering constructing a new $130 million 320-suite tower on our Venetian property. A potential placement of preferred stock.
What is the upper boundary for the payoff value of the trading strategy described above for any series of two equally spaced strikes Ki.
NikkiG’s Corporation’s 10-year bonds are currently yielding a return of 6.25 percent. The expected inflation premium is 1.20 percent annually and the real risk-free rate is expected to be 2.50 percent annually over the next ten years. The liquidity r..
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