In 1997 IBM Supercomputer Deep Blue

question 19

Multiple Choice

In 1997 IBM supercomputer Deep Blue

• A) defeated world chess champion Gary Kasparov in a six-game match.
• B) proved the existence of God.
• C) drove a minivan across the United States.
• D) designed the Pentium chip.
• E) replaced John O'Leary as Chief Financial Officer of IBM.

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Definitions:

Subjective Approach

A method based on personal opinions, interpretations, points of view, emotions and judgment.

Cost of Capital

The minimum return rate that a company needs to achieve on its investment initiatives to preserve its market valuation and draw in capital.

Risk Level

A measure of the degree of uncertainty and/or potential financial loss inherent in an investment decision.

Dividend Growth Model

A method for valuing the price of a stock by using predicted dividends and discounting them back to present value.