A perpetuity pays $550 at the end of every month. The PV of the perpetuity is $36,000. What is the effective interest rate (EIR) on the perpetuity?
A) 19.95%
B) 18.33%
C) 9.17%
D) 13.42%
E) 15.15%
A
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Which of the following provisions of the Internal Revenue Code can be used to reduce the amount of the income tax expense arising from capital investment projects?
A) Interest deduction B) Depreciation deduction C) Minimum tax provision D) Charitable contributions
The sales ________ provides a way for a salesperson to present the product's major features, describe its strengths, and detail how it will improve the business or life of the potential customer.
Fill in the blank(s) with the appropriate word(s).
The first goal of a consultant hired to solve a problem in an organization should be to
A. recognize that the organization has always been this way and little can be done to change it. B. learn as much as possible about the organization and the people within it. C. generate an action plan, with specific targets and completion dates. D. focus exclusively on changing the reward system, since everything else depends on it. E. make sure employees know the consultant has come to solve the company's problems.
A manufacturer of automobile component parts that has turned over all transportation functions to an independent third party in its supply chain has engaged in:
A. creating a dependent materials-handling system B. outsourcing C. removing entry barriers D. task deployment E. channel rotation