Sony Is Thinking About Investing in a New Project

question 57

Multiple Choice

Sony is thinking about investing in a new project.Suppose that the project costs $10 million and will yield the company $20 million in 10 years.If the interest rate is five per cent, what is the present value of the yield in 10 years?

• A)$9.5 million
• B)$10.5 million
• C)$12.3 million
• D)$16.3 million

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Definitions:

Sympatric Speciation

The process of speciation that occurs when populations of a species that share the same habitat diverge into distinct species without being geographically isolated.

Macroevolution

Large-scale evolutionary changes that occur over geologic time, leading to the emergence of new species and diversification.

Phenotypic Changes

Alterations in the observable traits or characteristics of an organism, resulting from genetic expression or environmental influences.

Feathered Wings

Wings covered with feathers, characteristic of birds, that facilitate flight and insulation.