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Author Question: A project's standing alone risk allows for diversification within a sole firm. Indicate whether ... (Read 53 times)

ericka1

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on: Jul 10, 2018
A project's standing alone risk allows for diversification within a sole firm.
 
  Indicate whether the statement is true or false

Question 2

Simpson Conglomerates borrows 12,000 for a short-term purpose. The loan will be repaid after
  120 days, with Simpson paying a total of 12,400. What is the approximate cost of credit using the
  APR, or annual percentage rate, calculation?
 
  A) 3.33 B) 10.00 C) 4.00 D) 11.75
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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Harbringer

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Reply #1 on: Jul 10, 2018
Answer to Question 1

FALSE

Answer to Question 2

B


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