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Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
Continental Army
Required Rate of Return
The minimum expected return by investors for investing in a non-risk-free asset, considering its risk level.
PI
A mathematical constant representing the ratio of a circle's circumference to its diameter, approximately equal to 3.14159.
NPV
Net Present Value, a method used to evaluate the profitability of an investment by calculating the difference between the present value of cash inflows and outflows over a period.
Terminal Value
An estimate of a business's value at the end of the projection period in a discounted cash flow analysis.
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