Words That Create a Springing Durable Power of Attorney Are

question 19

Multiple Choice

Words that create a springing durable power of attorney are

• A) "This power of attorney shall not be affected by subsequent disability or incapacity of the principal."
• B) "This power of attorney shall become effective upon the disability or incapacity of the principal."
• C) "This power of attorney shall create a springing durable power of attorney."
• D) None of the answers are correct.

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Definitions:

Present Value

Present value is the current worth of a future sum of money or stream of cash flows, given a specified rate of return.

Regular IRR

The Internal Rate of Return (IRR) is a financial metric used to estimate the profitability of potential investments.

WACC

The Weighted Average Cost of Capital represents the average cost of a company's financing (debt and equity), where each form of capital is weighted according to its proportion in the overall financing mix.

NPV

Net Present Value; a method used in capital budgeting to assess the profitability of an investment or project, calculated by discounting future cash flows to their present value and subtracting the initial investment.