The European Union recommends maximum credit terms for many items including, for example, heavy capital goods (five years), light capital goods (three years), and consumer durable goods (one year)

The capital asset pricing model (CAPM) assumes which of the following?

I. a risk-free asset has no systematic risk. II. beta is a reliable estimate of total risk. III. the reward-to-risk ratio is constant. IV. the market rate of return can be approximated. A. I and III only B. II and IV only C. I, III, and IV only D. II, III, and IV only E. I, II, III, and IV

The most important part of ________ is selecting the variables on which clustering is based

A) interpreting and profiling clusters B) selecting a clustering procedure C) assessing the validity of clustering D) formulating the clustering problem