Which of the following statements is correct? assume that the project being considered has normal cash flows, with one outflow followed by a series of inflows. a. a project's npv is found by compounding the cash inflows at the irr to find the terminal value (tv), then discounting the tv at the wacc. b. the lower the wacc used to calculate it, the lower the calculated npv will be. c. if a project's npv is less than zero, then its irr must be less than the wacc. d. if a project's npv is greater than zero, then its irr must be less than zero. e. the npv of a relatively low-risk project should be found using a relatively high wacc.

The federal reserve's organization while all members of the federal reserve board of governors vote at federal open market committee (fomc) meetings, only of the regional bank presidents are members of the fomc. the federal reserve's role as a lender of last resort involves lending to which of the following financially troubled institutions? u.s. banks that cannot borrow elsewhere governments in developing countries during currency crises u.s. state governments when they run short on tax revenues the federal reserve's primary tool for changing the money supply is . in order to decrease the number of dollars in the u.s. economy (the money supply), the federal reserve will government bonds.

How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.

On december 31, 2016, the decarreau, andrew, and bui partnership had the following fiscal year-end balance sheet: cash $10,000accounts receivable $20,000inventory $25,000plant assets - net $30,000loan to decarreau $18,000total assets $103,000accounts payable $14,000loan from bui $15,000decarreaua, capital (20%) $32,000andrew, capital (10%) $23,000bui, capital (70%) $19,000total liab./equity $103,000the percentages shown are the residual profit and loss sharing ratios. the partners dissolved the partnership on january 1, 2017, and began the liquidation process. during july the following events occurred: * receivables of $18,000 were collected.* all inventory was sold for $15,000.*all available cash was distributed on january 31, except for$8,000 that was set aside for contingent expenses.the book value of the partnership equity (i.e., total equity of the partners) on december 31, 2016 isa. $58,000b. $71,000c. $66,000d. $81,000