Examlex
Which of the following is a characteristic of tacit knowledge?
NPV
Net present value. A capital budgeting technique that rates projects according to the total present value of all their associated cash flows. The higher the total or net present value, the better.
Capital Budgeting Decision
The process by which a business determines whether projects such as investments in equipment or new products are worth pursuing.
Cost of Capital
The rate of return that a company must earn on its investment projects to maintain its market value and attract funds.
Bond's Yield
The return an investor realizes on a bond, calculated as the interest or dividends received divided by the price of the bond.
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