Which of the following is not a type of integer programming model?
a. An all-integer programming model
b. A mixed-integer programming model
c. A linear integer programming model
d. All of the above are types of integer programming models.
D
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Chelsea Fashions is expected to pay an annual dividend of $0.80 a share next year. The market price of the stock is $22.40 and the growth rate is 5 percent. What is the firm's cost of equity?
A. 7.58 percent B. 7.91 percent C. 8.24 percent D. 8.57 percent E. 9.00 percent
How would an auditor of a non issuer most appropriately respond to heightened assessed risk of material misstatement?
a. By obtaining a management representation letter b. By performing analytical procedures, but not substantive procedures, at period end c. By assigning more experienced staff or those with specialized skills to high risk areas d. By performing tests of controls at interim and period end dates