Under which category of plans might retirement benefits vary according to the performance of an underlying financial investment?

A)

Defined benefit plans
B)

Defined contribution plans
C)

Both defined benefit and defined contribution plans
D)

Neither defined benefit nor defined contribution plans

B

Business

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Salespeople who have the ability to imagine themselves in someone else's position and understand what that person is feeling are known as ________

Fill in the blanks with correct word

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A project costs $1,000 today and is expected to produce cash inflows of $800 at the end of each of the next two years. If the firm's cost of capital is 10%, what is the modified internal rate of return? Round answer to the nearest whole percent

A) 30% B) 23% C) 13% D) 21% E) 33%

Business