ost of secured​ short-term credit​) The Marlow Sales and Distribution Co. needs ​$ for the​ 3-month period ending September​ 30, 2015. The firm has explored two possible sources of credit. a. Marlow has arranged with its bank for a ​$ loan secured by its accounts receivable. The bank has agreed to advance Marlow percent of the value of its pledged receivables at a rate of percent plus a percent fee based on all receivables pledged.​ Marlow's receivables average a total of​ $1 million​ year-round. b. An insurance company has agreed to lend the ​$ at a rate of percent per​ annum, using a loan secured by​ Marlow's inventory of salad oil. A​ field-warehouse agreement would be​ used, which would cost Marlow ​$ a month.

Aeuropean aircraft producer has spent 15 years in developing a new aircraft that would potential threaten long-lasting boeing's dominance (monopoly) in the same class of aircrafts. the new european aircraft gets high marks on all performance measures except noise. because of the noise, the european producers management is concerned that the us government may impose restrictions which would forbid their aircraft to land in some of the american airports. without restrictions the estimated (present discounted) profit would be 125 million usd. with the restrictions the profit would only be 25 million usd. the chances of both outcomes are estimated to be 50-50. management must decide now whether to the cost of redesign program problem and a 60% chance it will fail. should the european aircraft producer start the noise redesign program if they do not have any redesign parts of the aircraft to solve the noise problem. is 25 million usd. there is a 40% chance that redesign will solve the noise additional information than mentioned above? draw the decision tree, indicate probabilities and outcomes of the events * imagine that the company could find out in advance the outcome of the u.s. government's e find the expected value of perfect information about the u.s. government's decision. decision. draw a new decision tree, indicate probabilities and outcomes of the events.