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NEW QUESTION: 1
An investor invested $10,000 in an open-end mutual fund 90 days ago. Today his investment is worth only $9,874. What is his annualized rate of return?
A. -5.04%.
B. -5.01%.
C. -4.83%.
Answer: B
Explanation:
The rate of return is (9,874 - 10,000)/10,000 = -1.26%. The period is 90 days.
(1 - 0.0126)(365/90) -1 = -5.01%.

NEW QUESTION: 2
Project B's internal rate of return is closest to:
A. 15%
B. 22%
C. 18%
D. 20%
Answer: D
Explanation:
Twenty percent is the rate of return that equates the cash inflows with the cash outflows. The present value of 20% for 5 years is .4019, which multiplied by US $9,950,000 equals US $3,998,905. Therefore, the net present value of the project approximates 0 using the 20% rate.

NEW QUESTION: 3
DIACAP applies to the acquisition, operation, and sustainment of any DoD system that collects, stores, transmits, or processes unclassified or classified information since December 1997. What phases are identified by DIACAP?
Each correct answer represents a complete solution. Choose all that apply.
A. System Definition
B. Validation
C. Accreditation
D. Verification
E. Re-Accreditation
F. Identification
Answer: A,B,D,E