Answer:
Annual Rate=7.35%
Explanation:
Calculation for the annual interest rate must they earn to reach their goal
Number of years =27
PV =280,000
FV =1,900,000
Using this formula
Annual Rate=(FV/PV)^(1/n)-1
Let plug in the formula
Annual Rate=(1,900,000/280,000)^(1/27)-1
Annual Rate=6.7857^(1/27)-1
Annual Rate=1.07349-1
Annual Rate=0.0735
Annual Rate=7.35%
Therefore the annual interest rate must they earn to reach their goal will be 7.35%
Answer:II) More risk-averse investors will invest less in the optimal risky portfolio and more in the risk-free security than less risk-averse investors. III) Investors choose the portfolio that maximizes their expected utility.
Explanation:The capital allocation line is a line created in a graph by investors in an economy to display or identify the potential risks involved in taking risky decisions. This line is one the determining factors to ensure that the investor has adequate knowledge about the risky nature of a capital investment.
Investors generally choose portfolios that guarantee maximum profits with reduced chances of loss. More risk averse investor will choose or opt for less risky portfolio.
I believe it’s collateral sorry if it’s not.
Answer:
The statement is not true.
Explanation:
Financial statements are the one which is made by the management of the company and it represents the financial position and the performance of the company at a particular point of time. So, it can not serve as a basis for the management that they could develop the expectation where the company will stand in the future years or periods.
Answer:
True
Explanation:
It shows that you are uneducated and not ready for a professional job, no matter what the job is you always need to show proper writing techniques. NO SLANG!
Hope that helps