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If Joe Wants to Take an Online Course That Doesn't

question 45

Multiple Choice

If Joe wants to take an online course that doesn't require him to be online on any certain day or at any certain time, he should be sure it is ______.


Definitions:

Unlevered Cost

The cost of financing a project or investment without any debt.

Debt/Equity Ratio

This ratio signals the proportionate financing of company assets by means of shareholders' equity and debt.

Borrow

The act of receiving money, goods, or services from a lender or institution under an agreement to return or repay it in the future.

Stock Price

The cost of purchasing a single share of a particular stock on the stock market.

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