The use of interviews is a data-collection method that includes open-ended questions

Which of the following is an advantage of simulation?

A) It always results in optimal solutions. B) It can incorporate significant real-life complexity. C) It solves problems in one pass with no iterations. D) Simulation software requires special skills.

The present value of a $100 perpetuity discounted at 5% is $1200

Indicate whether this statement is true or false.