Describe the entrepreneurial nature of the franchising


1. Describe the entrepreneurial nature of the franchising model.

2. A bond has a coupon of 7%, face value of $1,000, a maturity of 8 years and a current price of $1,050. What is the yield of this bond?

3. What is predatory lending? (Be sure to document your source.) Do you think predatory lending should be allowed in the United States? Why or why not?

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Financial Management: Describe the entrepreneurial nature of the franchising
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