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Williams and Ceci (2015) sought to determine if gender biases exist in academic hiring practices.They studied almost 1,000 professors in a mock hiring situation in which each professor read the files of several job applicants and then rank-ordered the applicants in terms of most-to-least qualified.What the professors did not know was that the gender of the job applicants was randomly assigned to the professors.That is,if one professor read that job applicant A was a woman,another professor read that the same job applicant A was a man.As a result,an average rating of each applicant could be compared when that applicant was presented as a male and as a female.The authors reported that:
Net Cash Flows
The amount of cash generated or used by a business during a given period, calculated as cash received minus cash spent.
Desired Rate
The target interest rate set by a company or investor for a specific investment or project.
Internal Rate
Often referred to as Internal Rate of Return (IRR), it's a metric used in financial analysis to estimate the profitability of potential investments.
Compound Interest
A method of interest computation that involves charging interest on the original loan or deposit amount as well as on any interest that has built up during past periods.
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