Which product development tool provides a decision tree that permits evaluation of the option to continue a project at particular milestones?

You are going to receive $1,500 in two years and $3,000 in four years. What is the combined present value of these future payments if interest rates are 7%?

a. $3,598.85 b. $3,930.47 c. $4,310.16 d. $4,500.00

From an exporter's perspective, why is an offset more attractive than a straight counterpurchase agreement?

A. It is the simplest countertrade arrangement. B. It gives the exporter greater flexibility to choose the goods that it wishes to purchase. C. It allows the use of a specialized third-party trading house. D. It gives the exporter counterpurchase credits, which can be used to purchase goods from another country. E. It allows direct exchange of goods and/or services between two parties without a cash transaction.