MGFB10H3 Study Guide - Dependent And Independent Variables, United States Treasury Security, Risk Premium
Document Summary
As a junior manager with high energy and a healthy level of enthusiasm, julianne is often required to take part in new project development. Her optimism is highly appreciated and being a junior she also gets to do much of the research work required, which provides her with excellent learning opportunities. Project meetings are often lengthy, and fiery debates among senior managers are not uncommon. Most recently, a team of julianne"s coworkers advocated developing and selling a new software application that, they estimated, may increase significantly the firm"s income over the next five years. However, a senior manager was not convinced by the proposal and formed a team to argue that the project"s net present value is negative and thus should be rejected. An entire day was spent in meetings, the debate in accepting or rejecting the proposal coming down to which discount rate should be used.
