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The current value of a firm is $1,400. The firm has $1,000 in pure discount debt due in one year and the risk-free rate is 6%. The firm's assets will be worth either $1,200 or $1,500 in one year. What is the interest rate on the debt?
Distributive Justice
A concept in social psychology and organizational behavior related to the fairness of outcomes distributed among members of a group or organization.
Interactional Justice
An aspect of organizational justice that focuses on the quality of interpersonal treatment individuals receive during the execution of fair or unfair actions.
Dukes V. Wal-Mart
A landmark legal case involving allegations of gender discrimination in employment practices at Walmart, the largest retailer in the United States.
Class Action Lawsuit
A legal proceeding that allows one or more plaintiffs to file and litigate a lawsuit on behalf of a larger group, or "class," of individuals.
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