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NEW QUESTION: 1
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. $115,606
B. $54,120
C. $25,606
D. $9,493
Answer: C

NEW QUESTION: 2
You have been assigned to run a logistic regression model for each of 100 countries, and all the data is currently stored in a PostgreSQL database. Which tool/library would you use to produce these models with the least effort?
A. RStudio
B. MADlib
C. Mahout
D. HBase
Answer: B

NEW QUESTION: 3
An internal auditor determines that certain information from the engagement results is not appropriate for disclosure to all report recipients because it is privileged. In this situation, which of the following actions would be most appropriate?
A. Distribute the information in a confidential report to the board only
B. Disclose the information in a separate report.
C. Exclude the results from the report and verbally report the conditions to senior management and the board.
D. Distribute the reports through the use of blind copies.
Answer: B

NEW QUESTION: 4
Phase 1 of an application enhancement adds 2 business function attributes to each of 3 files. No changes were made to reference the new attributes. Prior to the enhancement each of these files was valued at 3 RETs and 12 DETs. What is the CHGA of these files?
A. 30 UFP
B. 45 UFP
C. 21 UFP
D. 0 UFP
Answer: D