You are a senior project manager at Delphi Printers & Peripherals, a small electronics and computer peripheral manufacturer based in Santa Clara, California. You have been tasked with assembling and directing a product design team to develop a new and innovative consumer printer. Delphi has intelligence suggesting that a competitor is launching a printer with similar features and capabilities in 6 months, putting pressure on you and your team to develop a new printer that can compete effectively against the competitor's offering.

Kinkead inc. forecasts that its free cash flow in the coming year, i.e., at t = 1, will be −$10 million, but its fcf at t = 2 will be $20 million. after year 2, fcf is expected to grow at a constant rate of 4% forever. if the weighted average cost of capital is 14%, what is the firm's value of operations, in millions?

Partnerships are the most common type of business firms in the world. t/f

You are an employee of an u.s. firm that produces personal computers in thailand and then exports them to the united states and other countries for sale. the personal computers were originally produced in thailand to take advantage of relatively low labor costs and a skilled workforce. other possible locations considered at that time were malaysia and hong kong. the u.s. government decides to impose punitive 100% ad valorem tariffs on imports of computers from thailand to punish the country for administrative trade barriers that restrict u.s. exports to thailand. how do you think your firm should respond? what does this tell you about the use of targeted trade barriers?