The CEO of a firm probably requires less quantity of information but a very high ________ of information
A) amount
B) quality
C) cost
D) transfer
E) none of the above
B
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Where ________ appears in text, it comes in two flavors: explicit, where the subjective sentence directly expresses an opinion, and implicit, where the text implies an opinion
Fill in the blanks with correct word
Tanner is choosing between two investment options. He can invest $500 now and get (guaranteed) $550 in one year, or invest $500 now and get (guaranteed) $531.40 back later today. The risk-free rate is 3.5%. Which investment should Tanner prefer?
A) $531.40 later today, since $1 today is worth more than $1 in one year. B) $550 in one year, since it is $50 more than he invested rather than $31.40 more than he invested. C) Neither - both investments have a negative NPV. D) Tanner should be indifferent between the two investments, since both are equivalent to the same amount of cash today.