You win a lottery with a prize of $1.5 million. unfortunately the prize is paid in 10 equal annual installments. the first payment is next year. how much is the prize really worth? the discount rate is 8 %.

Which of the following is an element of inventory holding costs? a. material handling costs b. investment costs c. housing costs d. pilferage, scrap, and obsolescence e. all of the above are elements of inventory holding costs.

If an investment has 35 percent more nondiversifiable risk than the market portfolio, its beta will be:

The purpose of the transportation approach for location analysis is to minimize which of the following? a. total costsb. total fixed costsc. the number of shipmentsd. total shipping costse. total variable costs