The yield to maturity of a one-year, simple loan of $500 that requires an interest payment of $40 is
A) 5 percent.
B) 8 percent.
C) 12 percent.
D) 12.5 percent.
B
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According to the information provided in Table 12-1, what percentage of the total available service time is being used?
A) 72.0% B) 28.0% C) 56.3% D) It could be any of the above, depending on other factors. E) None of the above
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Which of the following is NOT a component of a linear programming problem?
A) internal metrics B) constraints C) objective function D) decision variables
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