7. Microsoft Engine Co. has the following securities outstanding: I) 200 bonds that have 5 years to maturity and pay 12 percent coupon, ii) 500 shares of Consols that pay a coupon payment of $80 annually. The firm has estimated the following discount rate for its financial securities: 10 percent for bonds and 8 percent for Consols. What will be the total value of holding these financial securities

Fortress international, a large conglomerate, procures a few component parts from external suppliers and also manufactures some of the key raw materials in its own subsidiaries. aside from this, the company does not solely depend on outside distributors to reach its customers. in fact, it has its own retail stores to distribute its products. in this scenario, which of the following alternatives to vertical integration is fortress international applying? a. concentric integration b. taper integration c. horizontal integration d. conglomerate integration