A person has taken an instrument ____________________ if he or she takes the instrument in payment of a prior debt
Fill in the blank(s) with correct word
for value
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The book value of equipment generally is one of the most important factors to consider in deciding to replace the equipment.
Answer the following statement true (T) or false (F)
Some members of Congress are concerned that if one or two large U.S. banks fail, it could lead to the collapse of the entire U.S. financial sector. This risk is called
A) objective risk. B) systemic risk. C) enterprise risk. D) subjective risk.
Project X's IRR is 19% and Project Y's IRR is 17%. The projects have the same risk and the same lives, and each has constant cash flows during each year of their lives. If the WACC is 10%, Project Y has a higher NPV than X. Given this information, which of the following statements is CORRECT?
A. The crossover rate must be less than 10%. B. The crossover rate must be greater than 10%. C. If the WACC is 8%, Project X will have the higher NPV. D. If the WACC is 18%, Project Y will have the higher NPV. E. Project X is larger in the sense that it has the higher initial cost.
Differentiate between people marketing and place marketing.
What will be an ideal response?