Condren Inc

question 37

Multiple Choice

Condren Inc.reported the following results from last year's operations:
At the beginning of this year,the company has a $1,000,000 investment opportunity with the following characteristics:
If the company pursues the investment opportunity and otherwise performs the same as last year,the combined ROI for the entire company will be closest to:

• A) 1.1%
• B) 8.6%
• C) 9.7%
• D) 11.3%

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Definitions:

Certainty

The level of assurance or confidence that an event will occur or a statement is true.

Swiftness

The quality of moving quickly or the ability to act or respond in a fast manner.

Cloward

Refers to Richard Cloward, a sociologist known for his work on the theory of structural strain in causing delinquency and crime.

Illegitimate Opportunity

refers to opportunities for crime that are available to people because of their position or environment, often seen in social learning theory.