This paper investigates the relationship between economic policy goals and the monetary and fiscal policy tools used to achieve them. A background is provided regarding current economic policy including an explanation of how a monetary and fiscal policy is formed and modified. A multiple...

The purpose of this paper is to examine specific characteristics (including problems and assumptions) concerning African-American entrepreneurs. (Dean, 1992, p. 376-378, and Hisrich and Brush, 1986 p. 6). The objective of the examination is to determine whether those characteristics and their...

The corporate level financial management at IGI, Inc. is considering the manner in which the opportunity cost rate is handled in the firm's internal investments. Specifically, the finance staff recognizes that the opportunity cost rate, or hurdle rate, must reflect the variation in expected cash...

The valuation of the small, closely held company is especially dependent upon the level, timing, and variability of the expected cash flows. This dependence implies the need for a careful assessment of the horizon period of cash flows, the growth rate of cash flow during the horizon period, and...