Please respond to the following questions from Chapter 6: 1. What

Please respond to the following questions from Chapter 6:

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