Which statement is true about a limited partnership? O Limited partners can contribute assets and share in profits O Partners have the right to vote O The role of general partner can be shared among partners OA limited partnership is the same as a limited corporation A profitable company can become insolvent due to a lack of cash in its bank account. O True O False

Asume you invest $3,500 today in an iveestment that promises to return $7,700 in exactly 10 years.  a. Use the present value technique to estiate the IRR on this investment. b. if a minimum anual return of 9% is required would you recommed this investment.