1. Can macroeconomic, political and social events affect the stock and bond markets? If so, how? (Hint: Think about the not-too-recent event of Greece and its bonds?
2. Do you think the business culture needs to change reporting financial results every 90 days? If so, why? Compare to the European culture of reporting financial results.
3. Discuss the role of business ethics in valuing the firm. Should ethics matter in the firm's valuation? Why or why not? Give examples. (Yes, there is a correct answer: Ethics are actions that generate trust. Bravo!)