Answer: a. 11.5%
Explanation:
Fad followers are those investors who follow a trend when it emerges and as such their betas will be less than that of informed traders because the informed traders would have acted first.
Using the Capital Asset Pricing Model to calculate expected return.
Er = Rf + b( Rm - Rf)
Er = Expected return
Rf = Risk Free Rate
b = Beta
Rm = Market Return.
The Expected Return for the Informed Investors is,
= 4% + 1.4 ( 10% - 4%)
= 4% + 1.4 ( 6%)
= 12.4%
With the Fad followed expected to have a lower beta and therefore a lower expected return than the Informed Investors, the only suitable option is the 11.5%.
Answer:
There is no poop fairy for your dogs poop
Explanation:
Dogs poop does not deteriorate or decompose like regular feces just because on what us humans feed them. they were meant for a raw diet they are carnivores. Honestly do some more research on it. It's very interesting.
Leave a note, with contact information
Answer:
The amount of accumulated depreciation at December 31, 2023 is $6,375
Explanation:
Sheridan Company uses the straight-line depreciation, Depreciation Expense each year is calculated by following formula:
Annual Depreciation Expense = (Cost of delivery truck − Salvage Value)/Useful Life = ($36,000-$2,000)/8 = $4,250
Depreciation Expense in 2022 = ($4,250/12) x 6 = $2,125
Depreciation Expense in 2023 = $4,250
Accumulated depreciation at December 31, 2023 = Depreciation Expense in 2022 + Depreciation Expense in 2023 = $2,125 + $4,250 = $6,375
Answer:
-1.15
Explanation:
the arc elasticity of demand is calculated by dividing % change in quantity demanded by % change in price:
midpoint Q = (8 + 18) / 2 = 13
midpoint P = (0.50 + 1) / 2 = 0.75
% change in quantity demanded = (Q2 – Q1) / midpoint Q = (8 – 18) / 13 = -0.77
% change in price = (P2 – P1) / midpoint P = (1 – 0.5) / 0.75 = 0.67
PED = -0.77 / 0.67 = -1.15
