If a Major Error Is Made When Typing Data into a Cell

question 46

True/False

If a major error is made when typing data into a cell, click the Cancel box in the formula bar or press the ESC key to erase the entire entry, and then reenter the data from the beginning.

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Definitions:

WACC

Weighted Average Cost of Capital; a formula used to calculate a business's cost of capital, where every type of capital is weighted according to its proportion.

Yield-to-Maturity

The total return anticipated on a bond if the bond is held until its maturity date, expressed as an annual rate.

Tax Rate

The percentage defining how much of a person's or business's income is allocated to taxes.

Bond Issues

Financial securities issued by corporations or governments to raise capital by borrowing from investors, to be repaid with interest at maturity.