Caldwell Corporation is considering an investment proposal that will require an initial outlay of $804,000 and would yield yearly cash inflows of $200,000 for nine years. The company uses a discount rate of 10%. What is the NPV of the investment?
A) $350,000
B) $402,000
C) $347,800
D) $251,667
C) $347,800
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Which of the following is true of bankruptcy/divorce fraud?
a. It involves only criminal proceedings b. It is growing at an alarming rate c. The main motivation is to keep assets from being taken d. Both a and c e. Both b and c f. All of the above
Intellectual property falls into a category of property known as ________
A) moveable property B) real property C) tangible property D) intangible property
Mr. Jacob, who is terminally ill, writes a will transferring all his assets to his daughter Silvia, in the event of his death. The doctors say that Mr. Jacob will live for about six months
A day after the will is written, Silvia wishes to transfer her expected inheritance to her son, Jacob Jr. This assignment will be ________. A) valid B) conditionally valid C) invalid D) re-assignable by Jacob Jr.
The defending parties of civil suits, because of the cost of litigation and the attendant bad publicity,often choose not to fight a case and instead enter into a ________
A) consent decree B) guilty plea C) price-fixing clause D) replacement order