Increasingly commonplace today is the appearance of two different franchise chains under the same roof, such as Pizza-Hut and Taco Bell. This is an example of a(n) ________ marketing system
A) administered
B) conventional
C) cooperative
D) vertical
E) horizontal
E
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Peri Corporation is considering an investment opportunity with the following expected net cash inflows
Year 1, $230,000; Year 2, $370,000; Year 3, $360,000. The company uses a discount rate of 13%, and the initial cost of the investment is $720,000. Present Value of $1: 10% 11% 12% 13% 14% 15% 1 0.909 0.901 0.893 0.885 0.877 0.870 2 0.826 0.812 0.797 0.783 0.769 0.756 3 0.751 0.731 0.712 0.693 0.675 0.658 4 0.683 0.659 0.636 0.613 0.592 0.572 5 0.621 0.593 0.567 0.543 0.519 0.497 The IRR of the project will be ________. A) less than 13% B) between 13% and 14% C) between 14% and 15% D) more than 13%
Which of the following is an example of economic exposure but not an example of transaction exposure?
a. An increase in the dollar's value hurts a U.S. firm's domestic sales because foreign competitors are able to increase their sales to U.S. customers. b. An increase in the pound's value increases the U.S. firm's cost of British pound payables. c. A decrease in the peso's value decreases a U.S. firm's dollar value of peso receivables. d. A decrease in the Swiss franc's value decreases the dollar value of interest payments on a Swiss deposit sent to a U.S. firm by a Swiss bank.