Finding Both Parties to a Trade Who Have Something the Other

question 88

Multiple Choice

Finding both parties to a trade who have something the other party wishes to trade for is called a:

• A)unit of account.
• B)store of value.
• C)medium of exchange.
• D)double coincidence of wants.

---

Definitions:

IRR

Internal Rate of Return, a financial metric used to estimate the profitability of potential investments by calculating the interest rate at which the net present value of all cash flows (both positive and negative) from a particular project equals zero.

Required Rate

The minimum return needed from an investment to compensate for its risk.

Annual Cash Flows

The total amount of cash that a company receives and spends within one year.