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The Citroën Xantia (pronounced "Zan–ti–a" [1]) is a large family car produced by the French automaker Citroën, and designed by Bertone.Presented to the press in December 1992, the car was produced between 1992 and 2001 in France, with a facelift in the end of 1997.
There are two bidders participating in a first-price sealed-bid auction for an object that has either high quality (value V) or low quality (value 0) to both of them. Each bidder receives a signal that can be either high or low, with probability 1/2.
At first glance, jump bidding seems irrational. Apparently, in an English auction, it is a dominant strategy for each buyer whose price is above the displayed price, to always bid the minimal allowed increment (e.g. one cent) above the displayed price. By bidding higher, the bidder gives up the opportunity to win the item at a lower price.
The financial services giant's share price soared 37% in 2024. Despite this exceptional return, the stock remains attractively valued with a forward earnings multiple of around 9.6.
The booming U.S. stock market will help keep the dollar expensive as global investors pour money into America, a foreign exchange strategist said. But the politics of any trade deals that the ...
NEW YORK (AP) — What a wonderful year 2024 has been for investors. U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting ...
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Aided by robust sales in China, BYD is on course to top its annual sales target of 4 million vehicles, which would put it ahead of Japan's Honda and Detroit-based Ford for 2024. BYD on track to ...