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4. Give Example: If you are in the clothing business for 1 year, how do you get the probability that the business situation is booming,

4. Give Example: If you are in the clothing business for 1 year, how do you get the probability that the business situation is booming, normal, and recessionary? And what is the procedure for obtaining the expected return?

5. If a corporation has 3 subsidiaries with different levels of risk (high, medium, and low risk). Your suggestions for high-risk subsidiaries: 1). Liquidation, 2) Take over, or 3). Merger. Show the benefits/costs of the three decisions for the corporation?

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