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Which is NOT a reason why ghettos exist according to Douglas Massey and Nancy Denton?
Discount Rates
The interest rate used to calculate the present value of future cash flows.
Risk
The possibility of losing some or all of an investment, reflecting uncertainty about the actual future returns.
Sunk Cost
A cost that has already occurred and that is not affected by the capital project decision. Sunk costs are not relevant to capital budgeting decisions.
Publishing Company
A business entity that specializes in the production and dissemination of literature or information, such as books, magazines, or digital content.
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