According to the Text, Which of the Following Is True

question 19

Multiple Choice

According to the text, which of the following is true regarding the gender gap in average income?

• A) the gap has grown wider every year since the 1950s
• B) the gap has grown smaller every year since the 1950s
• C) the gap shrank to about 79% in 2012
• D) the gap shrank to about 98% in 2012: a gender gap in income no longer exists

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Definitions:

Independent Projects

Projects within a financial or business context that do not affect each other's outcomes or viability.

Multiple IRR Projects

Investment projects that, due to their cash flow structure, yield more than one internal rate of return, complicating the investment decision.

Discounted Cash Flow

A valuation method used to estimate the attractiveness of an investment opportunity, by calculating the present value of expected future cash flows.

Discounted Payback

A capital budgeting method that calculates the amount of time needed to recoup an investment based on its discounted cash flows.