The main variables of the TVM equation are
A) present value, future value, time, interest rate, and payment.
B) present value, future value, perpetuity, interest rate, and payment.
C) present value, future value, time, annuity, and interest rate.
D) present value, future value, perpetuity, interest rate, and principal.
Answer: A
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Which of the following statements about international marketing research is true?
A) International marketing research has declined over the past decade due to global economic decline. B) Conducting personal interviews in developing countries is generally less difficult and less expensive than doing so in developed nations. C) International researchers follow a different set of steps in marketing research than domestic researchers. D) Language translation in international marketing research typically increases costs and raises the risk of errors. E) International researchers benefit from useful secondary data that is available online, so primary data is typically unnecessary.