1. Should firms require higher rates of return on foreign projects than on identical projects located at home? Explain.
2. A scholarship provider has $500000 which she will invest today to fund a scholarship forever. She expects to earn 5% on her money each year. If she wants to begin paying out the scholarship starting today, what will the annual scholarship payment be?
3. Do you think the concept of bankruptcy is fair to creditors? Or does it give borrowers too much of a second bite at the apple of credit?