Which of the following criteria represents the dollar amount of change in the value of the firm as a result of choosing a decision?

A) net present value
B) payback period
C) return on investment
D) internal rate of return

To calculate expected profit under certainty,we need to have perfect information about which event will occur.

Enrolment at the local university increased 20% over a four-year period. Determine the average annual rate of enrolment during this time.

A) 3.85%
B) 4.66%
C) 5.85%
D) 6.44%
E) 8.04%

The conditional probability of event B given event A is denoted by P(A|B).

Five $1,000 bonds that pay interest at 9% semiannually on April 1 and October 1 were purchased July 10 at 92. Calculate the total amount paid for the bonds. (Assume a 360-day year and a commission of $5 per bond.)

Calculate the term, expressed in years and months, of the following ordinary annuity.