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Case-Based Critical Thinking Questions Case 2-1 Jess is a musician who has just bought a new computer. Now she need to figure out how to connect this computer to the devices that were connected to her old computer. To connect her external hard drive, in which all of her music files are stored, to the computer, Jess needs to use a ____.
Financial Risk
The possibility of losing money on an investment or business venture due to market conditions, interest rate changes, or other financial factors.
Interest Tax Shield
The reduction in income taxes that results from the deduction of interest payments on debt from taxable income.
Unlevered
Pertaining to a business or investment that does not involve borrowing, thereby not subject to the risks and rewards of leverage.
Tax Loss Carry Forward
A tax rule allowing businesses or individuals to use a net loss in one period to offset a profit in future periods for taxation purposes.
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