10) A biotech startup, if it survives, is expected to have an IPO in 5 years, which will value the company at $400 million. When valuing cash flows of comparable investments, VCs use a hurdle rate of 50%. The beta of this company is 2. If the risk free rate is 6% and the market risk premium is 7%, what is the probability of the firm’s survival?
A) 4.2%
B) 32.8%
C) 40.0%
D) 44.9%

Grace period is a period of time before the credit card company starts charging late fees.truefalse

Match the vocabulary word to the correct definition. 1. human resources department 2. job description 3. ethics 4. labor relations 5. occupational safety & health administration a. a detailed list of the functions and requirements for a position b. the exchange between the employer and employee c. principles that define appropriate conduct d. the government agency responsible for monitoring safety in the workplace e. the division of a business responsible for hiring, managing,maintaining, and firing the workforce

An allergy products superstore buys 6000 of their most popular model of air filters each year. the price of the air filters is $18. the cost of ordering and receiving shipments is $12 per order. accounting estimates annual carrying costs are 20% of the price. the supplier lead time is 2 days. the store operates 240 days per year. each order is received from the supplier in a single delivery. there are no quantity discounts. what is the store’s minimum total annual cost of placing orders & carrying inventory?