A survey of 500 top Canadian companies reported what the companies' hiring outlook was for the
Next 18 months as well as the general company outlook for the economy over the same period of
Time. 
Given that a randomly selected company has a favourable forecast, what is the probability that it
Plans to cut jobs during the next 18 months?
Definitions:
Time Value of Money
A financial principle that posits money available now is worth more than the same amount in the future due to its potential earning capacity.
Hurdle Rate
A financial metric indicating the minimum return on investment required for a project or investment to be considered acceptable.
Internal Rate of Return
A financial metric used to estimate the profitability of potential investments, calculating the discount rate that makes the net present value of all cash flows from the investment equal to zero.
Present Value
The present value of a future amount of money or a series of cash flows, calculated using a given interest rate.
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