Which Among the Following Is the Best Example of a No-Need

question 148

Multiple Choice

Which among the following is the best example of a no-need objection?

• A) "I have to think this over before I buy."
• B) "I plan to wait until fall before I buy a new car."
• C) "I am pleased with the performance of the car I have now."
• D) "I can't afford a new car now."
• E) "I want to buy from a more established car dealer."

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Definitions:

Independent Projects

Investment projects that do not affect the cash flows or feasibility of other projects under consideration.

Profitability Index

A financial metric used to evaluate the potential profitability of an investment, calculated as the present value of future cash flows divided by the initial investment cost.

Discount Rate

The interest rate used to discount future cash flows to their present value, which is crucial in time value of money calculations and in assessing investment opportunities.

Independent Projects

Investment projects whose cash flows are not affected by the acceptance or rejection of other projects.