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NEW QUESTION: 1
An investor is considering building a small office park that she plans to hold for five years before selling. The investor's initial outlay of $250,000 would yield after-tax cash flows in years one through five of $35,000, $38,000, $42,000, $48,000, and $54,000, respectively. It is anticipated that the office park will be sold at the end of the fifth year for net after-tax proceeds of $275,000. If the investor has a required rate of return of 16%, the net present value of this real estate investment would be closest to:
A. $18,471
B. $27,899
C. -$14,773
Answer: A
Explanation:
The net present value would be computed as:

NEW QUESTION: 2
Which element is generally required of all anti-money laundering programs?
A. Annual in-person AML training for all employees
B. A computer-based suspicious activity monitoring system
C. An enhanced due diligence program for all new customers
D. A qualified compliance officer to manage the program
Answer: D

NEW QUESTION: 3
What are three characteristics of a task? (Choose three.)
A. Is work a role performs
B. Usually affects only one or a small number of work products
C. Has granularity of a few hours to a few days
D. Occurs once in an iteration
Answer: A,B,C