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This strategy would only be a violation of strong form efficiency 9 pt Question 15 Many economists view a 3% annual inflation rate as acceptable.

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This strategy would only be a violation of strong form efficiency 9 pt Question 15 Many economists view a 3% annual inflation rate as "acceptable". Assurning a 3% annual increase in the price of automobiles, how much will a new BMW cost you 8 years from now, if today's price is $40,000? O $47,813 O $42.110 O $45,575 O $38,779 $50,671 Question 16 9p Using the profitability index, which one project would you choose if you have limited funds (but enough for any one project)? Project Initial Investment NPV $50,000 $10,000 $75,000 $25.000 1 2

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