Use the Information for the Question(s)below

question 77

Essay

Use the information for the question(s)below.
In a surprise announcement,NASA released details of a major contract with Lockheed-Martin (LMT)that would increase LMT's market value by $7.5 billion.It was widely expected by the market that this contract would be awarded to LMT's major competitor Boeing (BA).Assume that Boeing has 800 million shares outstanding and Lockheed Martin has 425 million shares outstanding.Prior to this announcement,the market felt that the probability of Boeing winning the contract was 90% and that Lockheed-Martin's chance was only about 10%.
-What do you anticipate will happen to Lockheed-Martin and Boeing's stock prices are a result of this surprise announcement?

Distinguish between different kinds of deviance (social diversion, social deviation, consensus crime, conflict crime).

Understand the role of legal sanction in defining crime.

Apprehend the societal response to deviance based on perceived harmfulness and public agreement.

Identify the processes and consequences of labeling behavior as deviant.

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Definitions:

Direct Form

A presentation format used in financial reporting where information is listed directly without using indirect methods of calculation.

Exchange Rate

The rate at which one currency will be exchanged for another currency.

Functional Currency

The primary currency used by a business or unit in its financial statements, reflecting the economic environment in which it operates.