Generally speaking, the IRR should be lower than the hurdle rate

Michael Company issued 8% bonds with a par value of $1,000,000, receiving a $20,000 premium. On the interest date 5 years later, after the bond interest was paid and after 40% of the premium had been amortized, the corporation purchased the entire issue on the open market at 99 and retired it. The gain or loss on this retirement is:

A) $0 . B) $10,000 gain. C) $10,000 loss. D) $22,000 gain. E) $22,000 loss.

Which of the following is mentioned in your textbook as a situation in which time is a factor in marketing research?

A) A product is nearing the end of its life cycle. B) The necessary information is already in the firm's internal reports. C) Value can be estimated and a more informed decision may be made justifying or not justifying marketing research. D) Marketing managers can quickly and inexpensively access the data. E) both B and D