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Without calculating the discriminant, explain using the contour diagram for why f has a saddle point at (0, 0).
Present Value
The current value of a future sum of money or stream of cash flows, given a specified rate of return.
Growth Opportunities
Prospects or possibilities for financial growth and expansion within a company or market, often through investment in new projects or sectors.
P/E Ratio
Price-to-Earnings Ratio; a valuation ratio of a company's current share price compared to its per-share earnings.
Stock Price
The cost of purchasing a share of a company as quoted on the stock exchange.
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