The Lagrange multiplier values in sensitivity analysis for nonlinear programming models are valid only at the point of the optimal solution

Pacifica Inc. is an import-export company specializing in products from Canada, Australia, and the West Coast. It can borrow in the debt market at 6%. Its cost of equity with 30% D/V ratio is 11%. Its corporate tax rate is 25%

If the M&M world of taxes holds true, what is the WACC for the firm with a 30% D/V financing? A) 7.90% B) 8.75% C) 9.05% D) 9.44%

The waiting time (in minutes) between ordering and receiving your meal at a certain restaurant

is exponentially distributed with a mean of 10 minutes. The restaurant has a policy that your meal is free if you have to wait more than 25 minutes after ordering. What is the probability of receiving a free meal? A) 0.670320 B) 0.082085 C) 0.329680 D) 0.917915