The landlord ran the model in Excel and received the answer report contained in the table. Which of the following statements is correct?
Variable Cells
Cell Name Original Value Final Value
$G$4 wood floors contractor 1 0
$H$4 wood floors self 1 1
$G$5 kitchen tile contractor 1 1
$H$5 kitchen tile self 1 0
$G$6 back door contractor 1 0
$H$6 back door self 1 0
$G$7 garage door opener contractor 1 0
$H$7 garage door opener self 1 0
A) The rent will be $180 higher and the project will take 3.5 weeks to finish at a cost of $2900.
B) The rent will be $195 higher and the project will take 2.5 weeks to finish at a cost of $2900.
C) The rent will be $180 higher and the project will take 2.5 weeks to finish at a cost of $3700.
D) The rent will be $195 higher and the project will take 3.5 weeks to finish at a cost of $3700.
Answer: A
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The cost of debt could be which of the following?
A) The required return on money borrowed as a long-term loan from a bank B) The required return on money borrowed from a venture capitalist C) The yield-to-maturity on money raised by selling bonds D) All of the choices above could be considered the cost of debt.
Representative B is most likely from which of the following countries?
A) Canada B) North Korea C) Sweden D) Australia