To compute the present value of $1,000 annuity received at the end of each of the next three years and discounted at the rate of 5% per year, you should enter the following variables into a financial calculator
A) N=3, i=5, PMT=1000
B) N=3, i=5, FV=3000
C) N=3, i=15, PMT=1000
D) N=1, i=5, PMT=3000
Answer: A
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Hatch and Schultz (2001) argue that expressive organizations align three major organizational features: vision (strategy), culture (employees), and image (brand) by analyzing the three possible gaps between them. One gap is the image-vision gap which refers to _______________.
a. There is conflict between the organizations vision and how the organization is being perceived in its own environment b. Management develop a vision not shared by employees, and which alienates or separates employees from the strategy of the organization c. Employees behave in ways that are inconsistent with the organizations espoused image d. The community has difficulty in telling the difference between the organization’s vision with that of its image
Discuss the guidelines for interpreting and analyzing a graphic
Ivy and Justin want to form and do business as Kayak Adventures Corporation. A corporation can be owned by
A. natural persons only. B. artificial persons only. C. artificial or natural persons. D. neither "artificial" nor "natural" persons.
The price of Netflix stock dropped sharply after customers responded negatively to a change in pricing policies. The change in stock price illustrates which principle?
A) Market prices reflect information. B) Individuals respond to incentives. C) Cash flows are the source of value. D) The time-value of money.