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Author Question: The price of a Wendy's Bacon Cheeseburger is .99, the same as it was five years ago. Had the price ... (Read 161 times)

K@

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on: Jul 10, 2018
The price of a Wendy's Bacon Cheeseburger is .99, the same as it was five years ago. Had the price of this sandwich increased at the same 3 annual rate as U.S. consumer prices did over the last five years, what would its price be today?
 
  A) 1.15
  B) 1.02
  C) 1.12
  D) 1.22
  E)  .84

Question 2

IRR should not be used to choose between mutually exclusive projects.
 
  Indicate whether the statement is true or false
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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bulacsom

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

A

Answer to Question 2

TRUE


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