_____ Refers to an Initiative of the World Resources Institute's

question 35

Multiple Choice

_____ refers to an initiative of the World Resources Institute's Markets and Enterprise Program to provide a source for news, analysis, research, and discussion on development through enterprise and BOP ideas.

• A)Advancing the Base of the Pyramid
• B)Business with Four Billion
• C)NextBillion.net
• D)World Neighbors
• E)Research for Humanity

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Definitions:

Present Value

The present-day value of future money or cash flows, based on a specific rate of return.

Coupon Bonds

Debt securities that pay holders a fixed interest rate (the coupon) on a periodic basis until the bond matures, at which point the principal amount is repaid.

Par

The face value of a bond or other financial instrument, typically the amount at which it will be paid out upon maturity.

Yield

The earnings generated from an investment, including interest or dividends, that result from owning a specific financial instrument.