For real numbers X and Y; X/Y =
|
1. |
Y/X |
|
|
2. |
-X/-Y |
|
|
3. |
-X/y |
Assume a share has price at t time (Pt) and at t-1 (Pt-1), the rate of return of this share is
|
1. |
(Pt – Pt-1) / Pt-1 |
|
|
2. |
[Pt / Pt-1] – 1 |
|
|
3. |
2 and 3 |
Assume you have two projects “X” and “Y”. Net present value of “X: and “Y” is $10 and $12, if they are independent what project you should choose? Assume you have to choose only one project and no other information is given.
|
1. |
X |
|
|
2. |
Y |
|
|
3. |
None |
