The World Bank's Priorities

question 68

Multiple Choice

The World Bank's priorities

• A) have shifted from development of the South to development of the North.
• B) have shifted from development of the North to development of the South.
• C) have always focused on development of the South.
• D) have always focused on development of the North.

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Definitions:

Equivalent Annual Annuity

A method used in financial analysis to compare the profitability of investments with differing durations by converting values into equal annual payments.

WACC

Weighted Average Cost of Capital; a calculation of a firm's cost of capital in which each category of capital is proportionally weighted.

Discounted Payback

A capital budgeting procedure that calculates the time required to break even from an investment, accounting for the time value of money.

Cash Flow

The net amount of cash being transferred into and out of a business, a key indicator of financial health.