1. In the standard normal z-distribution, is the area between z=-1and z=+1 the same as the area between z=-0.5 and z=+1.5?why? hint: Draw the curve to answer the question
2. If you were in charge of a private firm and it doesn't have a share price, what should your goal as a financial manager be?
3. Why would a bondholder of a convertible bond exchange its relatively certain stream of cash payments for stock which has no assurance of dividends?