Although African Americans Constitute Only About 9 Percent of the Population

question 137

Multiple Choice

Although African Americans constitute only about 9 percent of the population age 65 and over,they account for______________of the low-income older population.

• A)13 percent
• B)18 percent
• C)27 percent
• D)37 percent

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Definitions:

Retained Earnings

Profits that a company has chosen to reinvest in the business rather than distribute to shareholders as dividends, accumulated over time.

Hurdle Rate

The project cost of capital, or discount rate. It is both the rate used in discounting future cash flows in the net present value method and the rate that is compared to the internal rate of return.

Intrinsic Value

The actual value of a company, asset, or currency determined through fundamental analysis without reference to its market value.

Risk-Adjusted

Pertaining to the modification of financial analysis or return on an investment to account for the risk involved, ensuring a more accurate assessment of performance or value.