Joe M. purchases a house for $365,000. He sells the home 5 years later for $440,000. What is his
internal rate of return (IRR)?
A) 8.31% B) 3.81% C) 3.18% D) 1.31%
B
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This question contains two parts; be sure to answer both. First, explain expectancy theory, and discuss how managers can use this model to help motivate employees. Second, imagine that you are managing a local real-estate office. Sales of houses, condominiums, and co-ops have been very slow in the last few months, and your staff is feeling demoralized and unmotivated. Analyze the situation in terms of expectancy theory, and explain how you might go about improving motivation among the real-estate agents.
What will be an ideal response?
Total interest cost for a bond issued at a premium equals the total of the periodic interest payments plus the premium
Indicate whether the statement is true or false
Consumers' characteristics can be classed as either behavioral or cognitive. Examples of cognitive factors include cultural values, personality traits, and ________.
A. gender B. benefits sought C. social class D. usage rate E. education
Internal variations, as a cause of product variation, come from ______.
a. wear and tear of production equipment as it ages b. environmental factors c. government regulations d. company procedures