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When the Proportionality Property of LP Models Is Violated,then We

question 7

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When the proportionality property of LP models is violated,then we generally must use non-linear optimization.


Definitions:

Par Value

The face value of a bond or stock, as stated by its issuer, which is the nominal value and does not necessarily reflect its market value.

Conversion Value

The value of a convertible security if it is converted into a specified number of shares of the issuing company.

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