DKA Uses the Certainty Equivalent Approach to Deal with Total

question 36

Multiple Choice

DKA uses the certainty equivalent approach to deal with total project risk and is considering a project with the following: $$\begin{array} { l l l } \text { Year } & \text { Expec. NCF } & \text { Certainty Equivalent Factor } \\0 & - \$ 60,000 & 1.0 \\1 & \$ 20,000 & 0.95 \\2 & \$ 20,000 & 0.90 \\3 & \$ 25,000 & 0.80 \\4 & \$ 30,000 & 0.65\end{array}$$ ? What is the certainty equivalent NPV for this project if the risk-free rate is 8% and the required return on the market portfolio is 15%?

• A) $3,233
• B) $17,743
• C) -$15,243
• D) $13,233

Recognize the structure and function of chloroplasts in photosynthesis.

Understand the principles of light absorption and its role in photosynthetic efficiency.

Describe the processes of cyclic and noncyclic photophosphorylation in photosynthesis.

Differentiate between the types of photosynthetic plants based on carbon fixation pathways.