If There Is Incorrect Information in Your Credit File

question 57

Multiple Choice

If there is incorrect information in your credit file,

• A)you should sue the credit bureau.
• B)you must sue the merchant who denied the credit.
• C)the credit bureau must reinvestigate and modify or remove inaccurate data.
• D)pray that the credit bureau goes bankrupt.
• E)you cannot dispute the derogatory information.

Recognize different forms of malware and their methods of attack.

Understand how to calculate the net present value (NPV) of different projects.

Learn to evaluate the financial attractiveness of an investment based on salvage value considerations.

Grasp the concept and calculation of the internal rate of return (IRR) for a project.

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Definitions:

Coupon Rate

The annual interest rate paid by a bond's issuer to the bond's holders, usually expressed as a percentage of the bond's face value.

Interest Expense

The cost incurred by an entity for borrowed funds, which may pertain to bonds, loans, lines of credit, or other forms of debt financing.

Coup d'état

A sudden and illegal seizure of government power by a small group, often military, displacing the existing government authorities.

Constitutional Democracy

A system of government where laws and policies are made within the framework of a constitution, and the power is exercised directly or indirectly through elected representatives.