The reason that a discount factor in year 3 is less than a discount factor in year 2 is that
A) cash flows are uneven.
B) compounding does not occur.
C) cash flows are even.
D) present value is positive.
E) a dollar received in three years is worth less than a dollar received in two years.
E
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The rights of preferred shareholders may vary from corporation to corporation.
Answer the following statement true (T) or false (F)
What term describes the situation when workers perform jobs at a less efficient pace
A) lockout B) boycott C) slowdown D) walkout E) strike
Indicate the correct form of the verb in parentheses. By the time Alecia gets here, the meeting (future perfect tense of start)
Chris is excited because he has obtained the price list of his company's major competitor. His supervisor, Homer, is also optimistic. However, he has much more experience in the industry than Chris and cautions him that just because they have access to their competitor's price list
A. doesn't mean the list has not been completely fabricated. B. doesn't mean their firm will be able to match their competitor's prices. C. doesn't mean that knowing competitor prices is important. D. doesn't entail actually using the price list when establishing prices. E. doesn't mean they reflect the actual prices at which competitive products are sold.