It takes the moon about 27 days to revolve on its axis.
Answer:
The portfolio should invest 48.94% in equity while 51.05% in the T-bills.
Explanation:
As the complete question is not given here ,the table of data is missing which is as attached herewith.
From the maximized equation of the utility function it is evident that
For the equity, here as
is percentage of the equity which is to be calculated
is the Risk premium whose value as seen from the attached data for the period 1926-2015 is 8.30%
is the risk aversion factor which is given as 4.
is the standard deviation of the portfolio which from the data for the period 1926-2015 is 20.59
By substituting values.
So the weight of equity is 48.94%.
Now the weight of T bills is given as
So the weight of T-bills is 51.05%.
The portfolio should invest 48.94% in equity while 51.05% in the T-bills.
The magnitude of work done by the gas is 279 J and the sign is negative so W = -279 J as work is done by the system.
<u>Explanation:</u>
According to first law of thermodynamics, the change in internal energy of the system is equal to the sum of the heat energy added or released from the system with the work done on or by the system. If the heat energy is added to the system to perform a certain work, then the heat energy is taken as positive, while it will be negative when the heat energy is released from the system.
Similarly, in this case, the heat energy of 597 J is added to the system. So the heat energy will be positive, while the gas expansion occurs means work is done by the system.
ΔU = Q+W
Since ΔU is the change in internal energy which is given as 318 J and the heat energy added to the system is Q = 597 J.
Then the work done by the gas = ΔU - Q = 318 J - 597 J = - 279 J.
As the work is done by the system, so it will be denoted in negative sign and the magnitude of work done by the gas is 279 J.
