Many companies sponsor individuals as agents or advocates to introduce new products

What is the IRR of a project that costs $100,000 and provides cash inflows of $17,000 annually for six years?

A) 56.87 percent B) 0.57 percent C) 2.00 percent D) 5.69 percent

Which of the following is an incorrect statement regarding the Foreign Corrupt Practices Act (FCPA) and U.S. agents abroad?

A) The FCPA allows remuneration to lower-level foreign agents to expedite the handling of goods that U.S. businesses are seeking to sell in another country. B) The FCPA allows remuneration to lower-level foreign officials to expedite the handling of goods that U.S. businesses are seeking to sell in another country. C) The FCPA forbids payments to political officials beyond a certain level. D) Companies are potentially liable for civil, but not criminal, sanctions for violating the FCPA.