1. What is meant by overage for Retail space?
2. A bond has 17 years left, paying annually. Its coupon pays $12. Rates rose 25 bips since issue. What is the value of this bond now?
3. A stock has a beta of 1.8. The expected return on the market is 9% and the T-bill is yielding 4%. What is the expected return on the stock?
4. Why are planning and budgeting important to an organization’s success? Include both operational and financial impacts. Minimum 250 words with references.