Answer:
a. 87.5%
b. Stock A: 21%; Stock B: 28%; Stock C: 38.5%; T-bill: 12.5%
c. Standard deviation of the client's portfolio: 26.25%
Explanation:
a. y is calculated as:
Risky portfolio return * y + T-bill return * (1 - y) = Expected return of the portfolio <=> 0.14y + 0.06 ( 1-y) = 0.13 <=> y = 87.5%
b. Client investment in each stock and in T-bills:
Client investment in each stock = 0.875 * percentage of each stock in a risky portfolio ( because the risky portfolio is accounted for 87.5% of the whole investment)
=> Stock A = 24% x 0.875 = 21% ; Stock B = 32% * 0.875 = 28% ; Stock C = 44 * 0.875 = 38.5%
Client investment in T-bill = 1- y = 1 - 0.875 = 12.5%
c. Standard deviation is calculated as: Standard deviation of risky portfolio * y = 30% * 87.5% = 26.25% (because standard deviation of return in T-bill is 0)
Answer:
d. synonyms for price.
Explanation:
All the stated items (attorney fees, entrance fees, train fares, and organisation dues) are all prices.
Price is the amount that is paid for a particular good or service performed.
When fixing a price usually there is an offer and acceptance of the amount to be paid for goods or services.
Also payment can be made upfront like the case of train fare. While in other instances payment may be deferred as is seen in attorney fees and organisation dues.
Price can also change when one party grants concession to the other, for example loan rebate where the debtor is given price relief.
Answer:
it gives you white particulates so it is a heterogeneous mixture
Answer:
cartel
Explanation:
A "cartel" is a<em> group of competitors or market participants</em> who are independent from each other. They <u>work in unison by cooperating secretly</u> in an <em>unlawful way</em> so they can control the supply and price of their products. In this way, they can dominate the market.
Such type of alliance with rivals have existed since the ancient times. It <em>increased following </em><em>World War I,</em> but<em> started declining after </em><em>World War II</em>.
So, this explains the answer.
Answer:
Deferred income tax expense = $7,161
Explanation:
Given:
Bed debts increase = $6,800
Depericiation increase = $40,900
Tax-exempt life insurance = $3,450
Computation:
Assume tax rate = 21%
Taxable difference = 40,900 - 6,800
Taxable difference = 34,100
Deferred income tax expense = 34,100 × 21%
Deferred income tax expense = $7,161
