Answer:
a) The expected return of equally weighed portfolio is 14.23%
b) The expected return of equally weighed portfolio is 16.45%, hence Variance = 1.596457%
Explanation:
See workings of a and b attached in a form of spreadsheet.
They would need way more credit and more money to pay for it
Trade shows show how business is done, and if you know how it's done, you can use it in your company, and if you are the manager, you can help your industry.
Answer: C. It is an important basis for effective communication
Explanation:
Credibility is the quality of being able to be trusted. Can people trust the things you say or promise. That is credibility. It is very important in communication because for one to get their ideas across, the people being communicated to must trust and believe what you are saying. For communication to work, utterances must be able to have an impact and if the person communicating does not have credibility, chances are that the people listening will simply ignore what the communicator is saying simply because they don't believe it to be true.
The dividend yield for the next three years is given by:

Given that <span>the growth rate falls off to a constant 5 percent after three years, i.e. g = 0.05 and that </span><span>the required return is 12 percent, i.e. R = 0.12, then</span><span> the price of the shares at that time is given by:
</span>

We then obtain the current price of the stock by determining the present value of the three dividends and the future price as follows: