Answer:
IRR= 21.86%
Explanation:
Giving the following information:
Initial investment (PV)= $10,000
Cash flows (PMT)= $4,000 per year
Number or years (n)= 4
<u>It is extremely difficult to calculate the IRR using the formula. We will use the financial calculator.</u>
Function: CMPD
n= 4
I%= SOLVE = 21.86%
PV= 10,000
PMT= -4,000
IRR= 21.86%
Answer:
Option "B" is the correct answer to the following question:
Explanation:
In business or business cycle period Cartels and comparable collusive agreements are simpler to design and implement and maintain during business time or periods of business-cycle stability and high employment, assuming all other factors are equal.
Answer:
The most important decision a financial manager can make is the allocation of funds to various investments
Answer:
conceptualized
Explanation:
Based on the information provided within the question it can be said that in this scenario Scott has conceptualized the concept of "minority owned". This term refers to when an individual creates an abstract but very simplified view of something. Which in this case he gave the term "minority owned" a simplified definition of being only owned by women or African Americans, when there can be many other minorities in a certain area.