Which of the following statements is (are) true regarding the net present value of a capital investment? I. Net present value does not consider time value of money. II. A positive net present value represents an increase in value to the firm
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: B
Business
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The current U.S. dollar-yen spot rate is 125¥/$. If the 90-day forward exchange rate is 127 ¥/$ then the yen is selling at a per annum ________ of ________
A) premium; 1.57% B) premium; 6.30% C) discount; 1.57% D) discount; 6.30%
Business
In a client/server architecture, the server
a. hosts the main applications and shared data b. is the application the user runs c. contains the entire graphical user interface d. none of the above
Business