Gains or losses from exchange or translation of foreign currencies are reported as extraordinary items.

What do brands gain when they position their products well?

A. Sustainable advantage B. Competitive advantage C. Both sustainable advantage and competitive advantage D. Neither sustainable advantage or competitive advantage

You buy 1,000 shares of stock at $5.00 per share in January of 2004. You sell the stock at $7.50 per

share in January of 2007. What is your internal rate of return (IRR)? A) 1.1447% B) 14.47% C) 18.00% D) 87.36%