1. Holding all other variables constant, an increase in the interest rate will cause ________ to decrease.
a. Growth rates
b. Annuity payments
c. Future values
d. Present values
2. Real estate is a business with operational functions. What are potential profit centers that are associated with real estate investment and development? Identify centers and how money is made. What about profit margins?
3. Define non executive directors (use a case). 200 words.