Only real property can be used to collateralize a debt.
Answer the following statement true (T) or false (F)
False
Both real property and personal property can be used to collateralize or secure a debt.
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Maturity value minus the discount amount is equal to proceeds
Indicate whether the statement is true or false
The new compound, ________ is spacious, houses several tigers
a. which b. that
The cost of capital for two mutually exclusive projects that are being considered is 12%. Project K has an IRR of 20% while Project R's IRR is 15%. The projects have the same NPV at the 12% current cost of capital. Interest rates are currently high. However, you believe that money costs and thus your cost of capital will soon decline. You also think that the projects will not be funded until the cost of capital has decreased, and their cash flows will not be affected by the change in economic conditions. Under these conditions, which of the following statements is CORRECT?
A. You should delay a decision until you have more information on the projects, even if this means that a competitor might come in and capture this market. B. You should recommend Project R, because at the new cost of capital it will have the higher NPV. C. You should recommend Project K, because at the new cost of capital it will have the higher NPV. D. You should recommend Project R because it will have both a higher IRR and a higher NPV under the new conditions. E. You should reject both projects because they will both have negative NPVs under the new conditions.
Following and observing a professional in the workplace for a day or two is called ____________________.
Fill in the blank(s) with the appropriate word(s).