Reference no: EM132770077
Problem 1) A firm's interest rate it wants to earn on its investment is referred to as
a. acceptable rate of return.
b. future acceptable rate of return.
c. minimum acceptable rate of return.
d. none of the choices are valid or good.
e. payback interest rate.
Problem 2) To determine the economic impact of a series of cash flows completely, we need to know:
a. none of the choice are valid good
b. all the choices are valid except the choice of none of the choices are valid or good
c. the timing of the payment
d. magnitude of the payment
e. the direction of the payment (receipt or disbursement)