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1. Assume your uncle recorded his salary history during a 40-year career and found that it had increased 10-fold. If inflation averaged 4% annually during the period, then over his career his purchasing power:
A) decreased.
B) increased by nearly 1% annually.
C) increased by nearly 2% annually.
D) remained on par with inflation.
2. When a constraint in a linear programming model is relaxed, the objective function value never will improve.
Please provide your answer in the rich text box.
A True
B False
3. When a constraint in a linear programming model is relaxed, the objective function value never will improve
True or False
A share of stock sells for $43 today. The beta of the stock is 1.5, and the expected return on the market is 19 percent. The stock is expected to pay a dividend of $.60 in one year. If the risk-free rate is 4.2 percent, what should the share price be..
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