Cash flows used in net present value and internal rate of return analyses ignore ________
A) future increased sales
B) future cost savings
C) depreciation expense
D) residual value
C
You might also like to view...
What are professional, institutional managers of risk capital who invest in new ventures called?
a. Limited partnership b. Venture capitalists c. S- corporations d. All of the above
A loan that is paid back in a single lump sum payment at the due date of the loan is commonly called a(n)
A) fully amortized loan. B) balloon loan. C) installment loan. D) secured loan. E) none of the above.
Suppose 90-day investments in Britain have a 6% annualized return and a 1.5% quarterly (90-day) return. In the U.S., 90-day investments of similar risk have a 4% annualized return and a 1% quarterly (90-day) return. In the 90-day forward market, 1 British pound equals $1.65. If interest rate parity holds, what is the spot exchange rate?
A. 1 pound = $1.8000 B. 1 pound = $1.6582 C. 1 pound = $1.0000 D. 1 pound = $0.8500 E. 1 pound = $0.6031
An enabling statute is a(n):
a. federal law passed by Congress granting powers to an agency b. local law passed by the local legislature granting powers to an agency c. state law passed by the state supreme court granting powers to an agency d. state law passed by the state legislature granting powers to an agency e. unofficial mandate passed by Congress granting powers to an agency