According to the modified internal rate of return (MIRR) technique, when a project's MIRR is greater than its cost of capital, the project should be accepted

An owner neglected to pay Spence Construction Company for the new airplane hanger built on a piece of her property next to her home.

A. Yes, because the existence of the hangar benefits the airplane, thereby making the airplane legally attachable. B. Yes, because a mechanic's lien covers any property on the owner's possession. C. No, because a mechanic's lien in specific to only the real property being improved. D. No, because an attachment lien that includes air rights must be levied against the owner's property.

A short position refers to

A) inadequate margin in a margin account. B) securities you have sold but do not own. C) an order to sell stock at a price below its current market price. D) securities you purchased but have not yet taken delivery of the shares.