In the early stages of the banking crisis in the 1980s, financial institutions were especially hurt by
A) the sharp increases in interest rates from late 1979 until 1981.
B) the severe recession in 1981-82.
C) the sharp decline in the price level from mid-1980 to early 1983.
D) all of the above.
E) only A and B of the above.
E
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Project Y has an initial investment of $1,000 and a single cash flow in year one of $1,200. Project Z has an initial investment of $1,000 and a single cash flow in year one of $1,170. Calculate the IRR and NPV for each of these projects. If we assume that we cannot "repeat" these projects (i.e., we cannot do project Z twice) which project or combination of projects should the firm undertake? Why?
Empowering others is neither easy nor natural for managers. However, it does not require a great amount of self-sacrifice, and managers can actually multiply their own effectiveness through empowerment
Indicate whether the statement is true or false.