Since the payback period can be viewed as a measure of risk exposure, many firms use it as a supplement to other decision techniques
Indicate whether the statement is true or false
TRUE
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There is pressure on publicly held company's to look good to Wall Street analysts and investors. Companies report their revenues, expenses, profits, and projects
A. Every six months B. Quarterly C. Bi-annually D. Annually E. Every month
You just graduated and landed your first job in your new career
You remember that your favorite finance professor told you to begin the painless job of saving for retirement as soon as possible, so you decided to put away $2,000 at the end of each year in a Roth IRA. Your expected annual rate of return on the IRA is 7.5%. How much will you accumulate at retirement after 40 years of investing? (Note: this may assume that you are even retiring early.) A) $454,513 B) $94,426 C) $247,921 D) $1,088,632