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The performance of an investment centre manager is assessed by return on investment (ROI) alone. At present, his expected ROI for next year is 15%. The manager must now decide whether to invest in a new project that is expected to yield an ROI of 14%. The cost of capital is 12%.
Indicate whether each of the following statements is true or false.
Answer:
Explanation:
NEW QUESTION: 2
You are evaluating a method that calculates loan interest- The application includes the following code segment. (Line numbers are included for reference only.)
When the loanTerm value is 3 and the loanAmount value is 9750, the loanRate must be set to 8.25 percent.
You need to adjust the loanRate value to meet the requirements.
What should you do?
A. Replace line 04 with the following code segment:
decimal loanRate = 0.0325m;
B. Replace line 15 with the following code segment:
loanRate = 0.0825m;
C. Replace line 07 with the following code segment:
loanRate = 0.0825m;
D. Replace line 17 with the following code segment:
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Answer: B
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