The appropriate discount rate for a firm is:
A) the prime rate.
B) its depreciation rate.
C) the bank rate.
D) its opportunity cost of capital.
Answer: D) its opportunity cost of capital.
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How does the International Monetary Fund (IMF) provide loans to deficit-laden countries?
A. It prints the required currencies, thereby increasing money supply in those countries. B. It acts as a market, buying goods from these countries and selling them to developed countries. C. A pool of gold and currencies contributed by its members provides the resources for lending operations. D. The World Bank lends the required amount to the IMF at a low interest rate. E. It collects money from those countries that wish to devaluate their currencies.
Attestation is the process where a will put through the legal process in order to distribute the testator's property
Indicate whether the statement is true or false