After Getting Her Degree in Marketing and Working for 5

question 26

Multiple Choice

After getting her degree in marketing and working for 5 years for a large department store, Sally started her own spe shop in a regional mall.Sally's current lease calls for payments of $1,000 at the end of each month for the next 60 mo Now the landlord offers Sally a new 5-year lease which calls for zero rent for 6 months, then rental payments of $1,0 end of each month for the next 54 months.Sally's required rate of return is 11 percent.By what absolute dollar amou accepting the new lease change Sally's theoretical net worth? (Hint: The required rate of return per month is 11%/12 0.9166667%.)

• A)$2,810.09
• B)$3,243.24
• C)$3,803.06
• D)$4,299.87
• E)$4,681.76

---

Definitions:

Trade Secret

Intellectual work, such as a business plan, that is a company secret and is not based on public information.

Copyright

A legal right granted to the creator of original works, giving them exclusive rights to use, distribute, and modify their work.

Information Extortion

The act of coercing individuals or organizations into paying money in exchange for not divulging confidential information.

Attacker

An individual, group, or entity that attempts to gain unauthorized access to computer systems, networks, or data, often with malicious intent.