The Radical Republicans in Congress Believed That It Was Essential

question 68

Multiple Choice

The Radical Republicans in Congress believed that it was essential to

• A) complete the Reconstruction process quickly.
• B) treat the South with sympathy and compassion.
• C) place Reconstruction policy in the president's hands.
• D) ensure the rights of the freedmen.

---

Definitions:

Net Present Value Rule

A principle that states an investment should be made if the net present value of its cash flows, discounted at the hurdle rate, is positive.

Invest

The act of allocating resources, usually money, with the expectation of generating an income or profit.

Cost of Capital

The rate of return that a company must earn on its investment projects to maintain its market value and attract funds.

Present Value

The current value of a future sum of money or stream of cash flows given a specified rate of return.