Writing a Final Draft Is a Task That Should Be

question 21

Multiple Choice

Writing a final draft is a task that should be performed during which step of the writing process?

• A) prewriting
• B) writing
• C) rewriting

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Definitions:

Required Rate

The minimum yearly earnings percentage necessary to lure individual or corporate investors into a specific project or security.

Payback Period

The timeframe required for an investment to generate cash flows sufficient to recover its initial cost.

AAR

Average Annual Return, which measures the average return on an investment over a multi-year period.

Multiple Rates Of Return

One potential problem in using the Internal Rate of Return method if more than one discount rate makes the Net Present Value of an investment zero.