Which of the following countries has adopted the euro as its currency?
A. Great Britain
B. France
C. Denmark
D. Sweden
E. Switzerland
B
Business
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Hermann Corporation is considering an investment of h375 million with expected aftertax cash inflows of h115 million per year for seven years and an additional after-tax salvage value of h50 million in year seven. The required rate of return is 10%. What is the investment’s PI?
A. 1.19. B. 1.33. C. 1.56.
Business
Canadian natural resources include which of the following?
A. mining B. agriculture C. energy D. manufacturing E. a), b) and c)
Business