Why were Blendtec's videos so successful?
A. They showed the benefits of the product in a creative and entertaining manner.
B. They were a successful form of advertising.
C. Many people need blenders.
D. The company supported its video campaign with traditional advertising.
E. Blendtec invested heavily in the video production
Ans: A. They showed the benefits of the product in a creative and entertaining manner.
Business
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An investment costs $3,500 today. This investment is expected to produce annual cash flows of $1,200, $1,400, $1,300 and $1,100, respectively, over the next four years. What is the internal rate of return on this investment?
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