Which of the following compounds would be most reactive toward electrophilic substitution? 
Definitions:
Depreciable Equipment
Tangible assets used in operations that lose value over time due to usage, wear and tear, or obsolescence, and thus can be depreciated for accounting and tax purposes.
Net Cash Flows
The difference between cash inflows and outflows in a given period, reflecting the company's overall liquidity position.
Internal Rate of Return
The discount rate at which the net present value of an investment's cash flows equals zero.
Cost of Capital
The rate of return that a company must earn on its investment projects to maintain its market value and attract funds.
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