The Discount Rate Is Referred to by All of the Following

question 69

Multiple Choice

The discount rate is referred to by all of the following alternative names EXCEPT the

• A)cost of capital.
• B)cutoff rate.
• C)hurdle rate.
• D)required rate of return.

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Definitions:

Electronic Fund Transfer Act

A US federal law designed to protect consumers engaging in electronic transfers, including ATM transactions, direct deposits, and other electronic payments.

Commercial

Related to the buying and selling of goods and services or to business activities in general.

Consumer

An individual who purchases goods or services for personal use rather than for manufacturing or resale.

Lost Check

A check that has been misplaced, destroyed, or otherwise lost, potentially leading to the issuance of a stop payment order and requiring a replacement.