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NEW QUESTION: 1



Answer:
Explanation:

NEW QUESTION: 2
Which two permissions are required in your application to use License Verification Library?
A. <uses-permission android:name="android.permission.INTERNET" /> <uses-permission android:name="com.android.vending.ACCESS_NETWORK_STATE"/>
B. <uses-permission android:name="android.permission.ACCESS_NETWORK_STATE" /> <uses-permission android:name="com.android.vending.CHECK_LICENSE"/>
C. <uses-permission android:name="android.permission.INTERNET" /> <uses-permission android:name="com.android.vending.CHECK_LICENSE"/>
D. <uses-permission android:name="android.permission.INTERNET" /> <uses-permission android:name="com.android.vending.READ_PHONE_STATE"/>
Answer: C

NEW QUESTION: 3
A has an opportunity to invest $90,000 in a project that is expected to generate annual cash inflows of $60,000 for each of the next three years. The project's beta coefficient implies a discount rate of 12% for this project, based on a risk-free rate of return of 3%.
A is prepared to forego the expected cash flows from this project in return for a guaranteed payment of
$50,000 at the end of year 1, $42,000 at the end of year 2 and $30,000 at the end of year 3.
What is the certainty equivalent value of this opportunity to A?
A. $9,493
B. $115,606
C. $25,606
D. $54,120
Answer: C

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