If you owned a small firm that had become somewhat established, but you needed a surge of financial capital to carry out a major expansion, would you prefer to raise the funds through borrowing or by issuing stock? Explain your choice.
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Week 12 notes th March 30 Notes Monte Carol Simulation Use when decisions are made with random events Decision Tree: only random events with discrete outcomes o Discrete outcome=countable or limited number of outcomes Monte Carlo Simulation: random events w/ discrete and continuous outcomes o Continuous outcome=every possible outcome in a range o Can use parametric and structural sensitivity easily =RAND(x) function o Generates random number between 0 and 0.99999… o Re-calculates by pressing F9 (on PC) o Every number is equally likely (uniform distribution) o If make a histogram of 1000 trials of RAND fxn, all bars should be equal height Uniform distribution ou
Textbook: Principles of Economics
Author: Steven A. Greenlaw, David Shapiro, Timothy Taylor
This textbook survival guide was created for the textbook: Principles of Economics, edition: 2. This full solution covers the following key subjects: . This expansive textbook survival guide covers 37 chapters, and 1291 solutions. The full step-by-step solution to problem: 29 from chapter: 17 was answered by , our top Business solution expert on 03/16/18, 04:24PM. The answer to “If you owned a small firm that had become somewhat established, but you needed a surge of financial capital to carry out a major expansion, would you prefer to raise the funds through borrowing or by issuing stock? Explain your choice.” is broken down into a number of easy to follow steps, and 41 words. Principles of Economics was written by and is associated to the ISBN: 9781947172364. Since the solution to 29 from 17 chapter was answered, more than 235 students have viewed the full step-by-step answer.