When using nonlinear programming models, there is always a risk that the algorithm will result in a local optimum

a. True
b. False

A

Business

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Using the method of your choice, calculate the Net Present Value of the following cash flows.

Assume that the required return on this project is 15% Project A Initial Cost -$ 150 Year 1 $ 175 Year 2 $ 100 A. $15 B. $35 C. $55 D. $70 E. $78

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People who cannot read English, but sign a contract written in English are not bound by contract

a. true b. false

Business