The beta of the new investment must be 1.098.
We need to use the concept of weighted averages to solve this problem.
We find the ratios of the dollar value of existing to the total new portfolio and additional investments to the total new portfolio and find the weights.
We then find the product of the beta of the existing portfolio and its respective weight calculated in the earlier step, with the given data.
We derive the product of the additional investment and beta by subtracting the answer from the earlier step from the new portfolio's beta (1.15).
Then we work backwards to arrive at the the beta for the additional investment.
The people who make the major policy and financial decisions for a corporation are called the board of directors. The board of directors usually manages a corporation, which is separate legal entity formed by documents filed with a state and is owned by one or more shareholders. The members of the board (the directors<span>) are elected normally by the subscribers (stockholders) of the company.</span>
Answer:
The question is incomplete, the options are missing. The options are the following:
A) input, constant, lack of competitiveness
B) output, lower, doing well
C) output, constant, doing well
D) output, higher, doing well
E) input, lower, lack of competitiveness
And the correct answer is the option C: output, constant, doing well.
Explanation:
To begin with, in the microeconomics theory when it comes to the term of "constant return of scale" it refers to the situation in where a company is producing its output at a constant average total cost indicating that is doing well due to the fact that the costs are still covered by the earings that the company is having so that means that it could still keep on working for the next period. The term of return of scale focus on the changes donde in the inputs and how that affects the outputs and the earning regarding that base.
Answer:
None of the states.
Explanation:
Since XYZ Advisers is a federal covered adviser, it implies that it is registered with the Security and Exchange Commission (SEC) but not registered with any of the states. Therefore, only the SEC has its registration that it can revoke.
However, it is compulsory for the XYZ Advisers or any other adviser carrying out a business in any state to notify the State in which it is carrying out a business. This is to enable the relevant State to carry out an investigation and issue an order against the adviser whenever the the Administrator of a State received a complaint against a federal covered adviser. But the state still does not have the registration of the federal covered adviser it can revoke.
Therefore, none of the State Administrator(s) has the authority to revoke XYZ Adviser's registration.