Suppose that FRA Corporation already has divisions in both Dallas and Houston. FRA is now considering setting

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Suppose that FRA Corporation already has divisions in both Dallas and Houston. FRA is now considering setting up a third division in Austin. This expansion will require that one senior manager from Dallas and one from Houston relocate to Austin. Ignore relocation expenses. Is their annual compensation relevant to the decision to expand?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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