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Use the following data for the next three questions: Line of Business Paint Hair dye Chalk Widgeta Brown Corp Revenues $35,000,000 17,000,000 44,500,000 12.000 Green Corp Revenues $10,000,000 22,000,000 2,300,000

Use the following data for the next three questions: Line of Business Paint Hair dye Chalk Widgeta Brown Corp Revenues $35,000,000 17,000,000 44,500,000 12.000 Green Corp Revenues $10,000,000 22,000,000 2,300,000

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Use the following data for the next three questions: Line of Business Paint Hair dye Chalk Widgets Brown Corp Revenues $35,000,000 17,000,000 44,500,000 13,000,000 C. 0.31 D. 0.33 E. None of the above Green Corp Revenues $10,000,000 22,000,000 2,300,000 1,200,000 17. What is Brown Corp's Herfindahl Index? Round to the nearest two decimal places. A. 0.27 B. 0.29 18. If Brown takes over Green, what will be the Herfindahl Index of the combined firm? Round to the nearest two decimal places. A. 0.22 B. 0.24 C. 0.26 D. 0.28 E. None of the above
Transcribed Image Text:Use the following data for the next three questions: Line of Business Paint Hair dye Chalk Widgets Brown Corp Revenues $35,000,000 17,000,000 44,500,000 13,000,000 C. 0.31 D. 0.33 E. None of the above Green Corp Revenues $10,000,000 22,000,000 2,300,000 1,200,000 17. What is Brown Corp's Herfindahl Index? Round to the nearest two decimal places. A. 0.27 B. 0.29 18. If Brown takes over Green, what will be the Herfindahl Index of the combined firm? Round to the nearest two decimal places. A. 0.22 B. 0.24 C. 0.26 D. 0.28 E. None of the above
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