A financial instrument just paid the investor $100 last year. If the cash flow is expected to last forever and increase each year at 3%, what should be the price that you are willing to pay for this instrument?

True of false: the chancellor of a university has commissioned a team to collect data on students' gpas and the amount of time they spend bar hopping every week (measured in minutes). he wants to know if imposing much tougher regulations on all campus bars to make it more difficult for students to spend time in any campus bar will have a significant impact on general students' gpas. his team should use a t test on the slope of the population regression.