The IRR is an unpopular capital budgeting decision model because even with the advent of calculators and spreadsheets, the cumbersome calculation remains
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: The IRR is very popular because with the advent of calculators and spreadsheets the cumbersome calculation is a thing of the past. [NOTE: It can also be argued that the IRR is popular because lenders understand the IRR and know that a firm with an IRR greater than the cost of borrowing is a good investment.]
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The tendency toward an international integration of goods, technology, information, labor, and capital, or the process of making this integration happen, is referred to as economic globalization.
a. true b. false
Which of the following causes of death is generally NOT covered by a life insurance policy?
A) Hazardous hobby B) Hazardous occupation C) Commercial aviation D) War"