A ________ Is "Unpredictable, Short-Lived, and Without Social, Economic, and Political

question 28

Multiple Choice

A ________ is "unpredictable, short-lived, and without social, economic, and political significance."

• A) fad
• B) fashion
• C) trend
• D) megatrend
• E) style

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Definitions:

Net Present Value

The variance between the current worth of incoming cash and the current worth of outgoing cash throughout a specific time frame.

Cost of Capital

The rate of return a company must earn on its investment projects to maintain its market value and attract funds.

Profitability Index

A financial tool used to measure the relative profitability of an investment, calculated as the present value of future cash flows divided by the initial investment cost.

Hurdle Rate

The minimum acceptable rate of return on an investment that a company or investor expects to achieve.