An auto-parts company is deciding whether to sponsor a racing team for a cost of $1 million. The sponsorship would last for three years and is expected to increase cash flows by $570,000 per year
If the discount rate is 6.9%, what will be the change in the value of the company if it chooses to go ahead with the sponsorship?
A) $498,597
B) $747,896
C) $797,756
D) $847,615
Answer: A
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Ameg, a Nigerian-born, Muslim, black man was employed in the room-service department at Consumer's Resort Hotel. He made several unsuccessful attempts to transfer to the marketing department. Ameg had completed high school in Nigeria and received an
undergraduate business degree in marketing at Roosevelt State University in Rhode Island. Last week he interviewed for a transfer again, and he did not get the new job. He found out later that another applicant had gotten the job, and that the other applicant had less experience and had not completed his college degree in business at American Baptist University. What legal arguments might Ameg raise with Consumer's Resort Hotel?
Mortgage lenders played a large role in starting the "Great Recession."
Indicate whether the statement is true or false
Macroeconomics involves the study of:
A. spatial changes in the population of a country. B. the gross domestic product of a country. C. the competitive aspects of identical products. D. family incomes in a given region.
A committee of eight politicians needs to be chosen from 11 Democrats and 15 Republicans. What is the probability that exactly 2 Democrats will be selected for the committee?