Refer to Cantar, Inc

question 28

Multiple Choice

Refer to Cantar, Inc. What is the internal rate of return for the investment?

• A) 8%
• B) 10%
• C) 12%
• D) 14%

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Definitions:

Re-Credit

The process of restoring a previously deducted amount back into an account or credit rating.

Dishonored

describes a financial instrument, such as a check or a bill, that has been refused payment by the bank or person it was presented to.

Insufficient Funds

A situation where an account does not have enough money to cover checks or other withdrawals made against it.

Civil Suit

A legal action between private parties (as opposed to criminal proceedings), often involving demands for compensation for harm or enforcement of rights.