1. Which of the following statements is true of the Affordable Health Care Act (ACA)?
The ACA decides the insurance payments for dependents.
The ACA limits the total number of surgeries for the insurers.
The ACA provides major medical insurance with low deductibles to protect against catastrophic illnesses.
The ACA requires employers to reimburse the cost of hospital stay of the insured.
The ACA eliminates lifetime limits on total health care insurance payments by insurers.
2. Computer Consultants Inc. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's MIRR? Note that a project's MIRR can be less than the cost of capital (and even negative), in which case it will be rejected. r = 10.00% Year 0 1 2 3 Cash flows −$1,000 $450 $450 $450
a. 9.32% b. 10.35% c. 11.50% d. 12.78% e. 14.20%