What is an example of a financial application in which simulation cannot be applied?
A) future stock prices
B) customer preferences for different attributes of products
C) future interest rates
D) future cash flows

Question

Quizplus · Accepted Answer

Simulation can be used to model and predict future scenarios for financial applications such as stock prices, interest rates, and cash flows. However, it cannot be used to determine customer preferences for different attributes of products, as this involves subjective opinions and cannot be easily quantified or predicted with mathematical models.

What Is an Example of a Financial Application in Which