What is the economic advantage to a trade secret? Please explain why. Of the three valuation methods for an intangible asset discussed in the chapter, which one would you use and why? Regarding Stock Price, explain how it is set at the time of company formation. Describe the key factors that influence stock price before IPO. What is goodwill and how is it different from other intangible assets?

Microeconomics: Principles & Policy
14th Edition
ISBN:9781337794992
Author:William J. Baumol, Alan S. Blinder, John L. Solow
Publisher:William J. Baumol, Alan S. Blinder, John L. Solow
Chapter9: The Financial Markets And The Economy: The Tail That Wags The Dog
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4 What is the economic advantage to a trade secret? Please explain why. Of the three valuation methods for an intangible asset discussed in the chapter, which one would you use and why? Regarding Stock Price, explain how it is set at the time of company formation. Describe the key factors that influence stock price before IPO. What is goodwill and how is it different from other intangible assets?
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