What Development Led to the Emergence of the Modern Skyscraper

question 9

Multiple Choice

What development led to the emergence of the modern skyscraper in the 1890s?

• A) The invention of the elevator
• B) The advent of structural steel
• C) The decline of corporate power
• D) The advent of cast iron

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Definitions:

Risk Classes

Categories of investments grouped together based on their similar level of risk.

Discount Rates

The interest rate used in discounted cash flow (DCF) analysis to determine the present value of future cash flows.

Cost of Equity

The return a company requires to decide if an investment meets capital return requirements, often used in capital budgeting to evaluate potential projects.

Equity Capital

Funds raised by a company through the sale of common or preferred stock.