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Suppose your employer offers you a choice between a $4,900 bonus and 100 shares of the company's stock. Whichever one you choose will be awarded today. The stock is currently trading at $63.66 per share. a. Suppose that if you receive the stock bonus, you are free to trade it. Which form of the bonus should you choose? What is its value? b. Suppose that if you receive the stock bonus, you are required to hold it for at least one year. What can you say about the value of the stock bonus now? What will your decision depend on? Honda Motor Company is considering offering a $1,900 rebate on its minivan, lowering the vehicle's price from $30,500 to $28,600. The marketing group estimates that this rebate will increase sales over the next year from 39,300 to 56,100 vehicles. Suppose Honda's profit margin with the rebate is $6,670 per vehicle. If the change in sales is the only consequence of this decision, what are its costs and benefits? Is it a good idea? Hint: View this question in terms of incremental profits. The cost of the rebate will be $ million. (Round to one decimal place.) Some companies cross-list their shares, meaning that their stock trades on more than one stock exchange. For example, BlackBerry (ticker symbol: BB), trades on both the TSX and NASDAQ. If its price in Toronto is 15 Canadian dollars per share and anyone can exchange Canadian dollars (CAD) for U.S. dollars (USD) at the rate of 0.88 USD/CAD, what must BB's price be on NASDAQ? BB's price on NASDAQ must be $ USD. (Round to the nearest cent.)