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Kevin Is a First-Generation Chinese-Canadian

question 44

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Kevin is a first-generation Chinese-Canadian. Both of his parents came to Canada for university, and when they married after graduation, they decided to continue living in Canada. Kevin was born shortly after their marriage, and has dual citizenship. His parents have since become Canadian citizens, as well. When Kevin was 10 years old, his grandmother died and his grandfather came from China to live with his family in Canada.
-When Kevin's mother first came to Canada for university,she knew very little English,but believed her first year would be an exciting adventure,and she did not find it very stressful.Albert Ellis would call her belief a ________,but it could also be called ____________ .


Definitions:

Payback

The period of time required to recoup the funds expended in an investment, or how long it takes for an investment to reach a breakeven point.

Annual Cash Flows

The total cash that is generated and used by a business in one fiscal year.

Required Rate

This is often referred to as the minimum acceptable return on an investment, set by investors or managers.

Payback

The amount of time it takes for an investment to generate an amount of income or cash flow to recover its initial cost.

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