Even if you are given a present value, a single future value, and a time period, solving for the rate of return, r, is still a trial-and-error process

Indicate whether the statement is true or false.

Answer: FALSE
Explanation: r = (FV/PV)1/n - 1

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In a tenancy by the entirety, one tenant can transfer his interest without the consent of the other

Indicate whether the statement is true or false

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While a degree of cultural imperialism may be at work, it is offset by the countertrend of ________

A) offshoring B) McDonaldization C) privatization D) local nationalism

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