You Have Been Offered the Following Investment Opportunity: If You

question 72

Multiple Choice

You have been offered the following investment opportunity: if you pay $2500 today,you will receive $1000 at the end of each of the next three years.Assuming that you could otherwise earn 10% per year on your money,the net present value (NPV) for this opportunity is closest to:

• A)$12
• B)$18
• C)-$13
• D)$500
• E)-$18

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Definitions:

Violence

Actions that use physical power to cause harm, injury, or death to a person or object.

Slavery

A system in which individuals are owned by others, deprived of personal freedom, and forced to perform labor or services without compensation.

Labor Movement

A collective organization of working people who unite to make decisions or negotiate on matters concerning their employment conditions, including wages, hours, benefits, and working environments.

Wage Slavery

A critical term describing a situation where a person's livelihood depends on wages, especially in a context where the wages are low, and working conditions are poor.