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artcher [175]
3 years ago
11

Independent risks can be diversified by holding a large number of uncorrelated assets with independent risks.

Business
1 answer:
iVinArrow [24]3 years ago
8 0
The statement "<span>Independent risks can be diversified by holding a large number of uncorrelated assets with independent risks." is true. 

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
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On June 10, Concord Corporation purchased $8,050 of merchandise on account from Sarasota Company, FOB shipping point, terms 1/10
mariarad [96]

Explanation:

The journal entries are as follows in the books of Concord Corporation

On June 10

Merchandise inventory A/c Dr $8,050

              To Account payable A/c $8,050

(Being the inventory is purchased on account)                

On June 11

Merchandise inventory A/c Dr $510

             To Cash A/c $510

(Being freight is paid by cash)

On June 12

Accounts payable A/c Dr $450

    To Merchandise Inventory A/c $450

(Being goods returned is recorded)

On June 19

Accounts payable A/c Dr $7,600     ($8,050 - $450)

    To Cash A/c $7,524              ($7,600 × 1%)

    To Merchandise Inventory A/c $76

(Being payment is recorded)

6 0
3 years ago
Jan pay $70 each month for her auto insurance policy. This regular payment is call a
Svetach [21]
Monthly payment because she pays it every 30 days
7 0
3 years ago
Use this formula to help solve the problem.
Sindrei [870]
$2,000 i think it is
7 0
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You have just signed a contract for your rental property and you will make monthly payments at the beginning of each month. Your
Mekhanik [1.2K]

Answer:

$9,760.48

Explanation:

Present value of annuity due = P* [[1 - (1+r)^-(n-1)] / r] + P. Where P = Periodic payment = $1,000, r = Rate of interest per period 4% (0.48/12), n = number of payments 12 (12*1)

Present value of annuity = $1000 * [[1 - (1 + 0.04)^-(12-1)] / 0.04] + $1000

Present value of annuity = $1000*8.760475 + $1000

Present value of annuity = $8760.48 + $1000

Present value of annuity = $9,760.48

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Why did the housing market crash in 2008
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Because the banks were down
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