1. When Darden Corp. sold its Red Lobster brand, the buying company has made a decision to buy it. If the buying company were the one like ARBY, which is in the business of beef sandwich, which type of policy decision do you think the buying company has made?

1) Increasing the rate of return from existing operations

2) Expanding the current operations into existing market

3) Creating a new line of operations

4) Restructuring the dwindling line of operations

2. You have learned the basic features of Bonds. Which of the following will change in the market over time?

1. Face Value and Interest Rate

2. Matruity and Yield Rate

3. Price (to buy and sell) and Yield Rate

4. Interest amount paid (by the issuer) and Price (to buy and sell)

3. The recent Currency Exchange rate between the Euro and the US $ (EUR/USD) is 1.10. How may Euros can you buy with the US $2,200? If necessary, round your answer to the nearest integer amount with no decimals by rounding. Please do NOT put "Euros" or "," in your answer. For example, just present 12345 if your answer is 12,345.43 Euros.