True/False
The opportunity cost rate is only applicable if you as an investor actually have an alternative investment to compare.If you are making a decision about a single investment,the opportunity rate concept does not apply.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q3: The post-audit two main purposes are to
Q4: A college intern working at Anderson Paints
Q5: Suppose you put $100 into a savings
Q6: There exists an IRR solution for each
Q7: Steaks Galore needs to arrange financing for
Q9: The present value of a future cash
Q10: Supposed someone offered you the choice of
Q11: Drexel Corporation has been enjoying a phenomenal
Q12: An increase in the discount rate used
Q13: All other factors held constant,the present value