Shirley Hears About a Reward Being Offered by the Local

question 15

Multiple Choice

Shirley hears about a reward being offered by the local television station for information leading to the arrest and conviction of a local rapist.She supplies the requested information,and the suspect is then arrested and convicted.In this case:

• A) Shirley cannot collect the money unless the offer was specifically made to her by the station.
• B) the offer by the television station was an offer made to the general public to enter into a unilateral contract,which offer Shirley has accepted.
• C) because Shirley failed to notify the station of her intention to supply the information before actually doing so,she has not accepted their offer.
• D) Shirley was just doing her duty as a citizen and has no right to the payment of any money.

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Definitions:

Internal Rate Of Return (IRR)

A financial metric used to estimate the profitability of potential investments, calculated as the discount rate that makes the net present value (NPV) of all cash flows equal to zero.

Discounted Payback

This refers to the period of time it takes to recoup an investment in terms of its discounted cash flows, taking the time value of money into account.

Payback

The period it takes for an investment to generate an amount of income or cash equivalent to the cost of the investment.

Internal Rate Of Return

A metric used in financial analysis to estimate the profitability of potential investments, representing the discount rate that makes the net present value of all cash flows equal to zero.