Jamieson is considering a 5-year, $250,000 project with annual cash flows of $90,000. If the company's required return is 10%, determine its discounted payback.

________ consist(s) of information that already exists, having been collected prior to the research plan.

A. Primary data B. Secondary data C. Exploratory data D. Focus groups

Under the terms of a typical inspection contingency, the buyer may choose which of the following responses after an inspection?

A. Buyer May approve the inspection and wave the contingency B. Buyer may give notice of additional inspections C. Buyer May unilaterally terminate the agreement and receive a refund of the earnest money D. Any of the above