The return to the investor is the ________

A) reward to the borrower
B) cost to the borrower
C) cost to the manager
D) internal rate of return

Answer: B

Business

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Wolfman is considering an extensive modernization program for an older apartment building which she owns. Her decision should give most emphasis to:

A: The cost involved; B: The history of vacancy; C: The potential increase in real property taxes; D: Net effect on the net income.

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A company has competitive advantage when its products are more appealing to its chosen customers

Indicate whether the statement is true or false.

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