1. Explain what is meant by Pay Back Period, Net Present Value and Internal Rate of Return methods of Investments. Compare and contrast these three methods of Investment.
2. How does China Noah’s profitability (using return on sales as the primary metric) change dependent on whether the IDR/CNY exchange rate follows (a) forecast spot rates, (b) forward rate quotes, or (c) fixed rate baseline assumption?
3. Medicare used cost-based reimbursement method from 1966 to 1983 to pay US hospitals. What are the pros and cons of this reimbursement method? Discuss.