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In thinking about Sears Holdings (Kmart): *** a.How did they show a negative net income year over year and stay in business? b.Is what they

In thinking about Sears Holdings (Kmart): ***

a.How did they show a negative net income year over year and stay in business?

b.Is what they were doing ethical? Why/why not?

c.Did they do what's best for shareholders?

d.Why wasn't it sustainable?

Calculate the value of a 6%, 30 year, $1,000 bond assuming market rates are 5%. ***

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