It is ok to treat nonprobability samples as probability samples and to project the results to a target population

Indicate whether the statement is true or false

FALSE

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Gamma Corporation is considering an investment of $518,000 in a land development project

The investment will yield cash inflows of $220,000 per year for five years. The company uses a discount rate of 9%. What is the net present value of the investment? Present value of an ordinary annuity of $1: 8% 9% 10% 1 0.926 0.917 0.909 2 1.783 1.759 1.736 3 2.577 2.531 2.487 4 3.312 3.24 3.17 5 3.993 3.89 3.791 A) $238,280 B) $337,800 C) $341,880 D) $220,000

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In the case of maximization problems, the line representing the objective function is moved upward and parallel to itself until reaching the first point of contact with the area of feasible solution

a. True b. False

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