An investor has a 38 percent ordinary income tax rate and a 20 percent long-term capital gains tax rate. the investor holds stock in a firm that could pay its usual $1 per share dividend or reinvest the cash in the firm. the stock price is currently $30 per share. if the firm does not pay the dividend, the share price will rise. if it pays the dividend, the share price will stay the same. by how much must the share price rise if the dividend is not paid in order to make the investor indifferent between receiving the dividend or not?

4. suppose that pollution in a neighborhood comes from two factories, with marginal benefit curves given by mb1 = 12 – p1 and mb2 = 8 – p2. the level of pollution in the neighborhood is given by p = p1 + p2. the government wants to limit pollution by instituting a pollution-rights market. the government’s desired level of p is 10, so it prints 10 pollution rights and offers them for sale to the firms.a)find the equilibrium selling price of a pollution right, as well as the allocation of rights (and hence pollution levels) across the two factories. b)repeat part (a) for the case where the government’s desired level of pollution equals 14. c)comment on the usefulness of a pollution rights market in achieving efficient levels of pollution abatement.

From a business perspective, an information system provides a solution to a problem or challenge facing a firm and represents a combination of management, organization, and technology elements. the organization's hierarchy, functional specialties, business processes, culture, and political interest groups are components of which element of information systems?

:; )write a paragraph of two to three sentences and describe what will happen to a society that does not have a productive workforce?