Answer:
1.25
Explanation:
Calculation for What is the beta of a 3-stock portfolio
Portfolio beta = (.25 *0.9) + (.4 *1.05) + (.35 *1.73)
Portfolio beta = .225 + .42 + .606
Portfolio beta = 1.25
Therefore the beta of a 3-stock portfolio will be 1.25
Answer:
a. If the interest rate was 8%, how much would you have been prepared to bid for the prize?
this is an ordinary annuity:
annual payment = $9,420,713 / 20 = $471,035.65
number of periods = 19 periods
interest rate = 8%
therefore, the present value annuity factor = 9.6036
the present value of the annuity = $471,035.65 x 9.6036 = $4,523,637.97 ≈ $4,523,638
b. Enhance Reinsurance Company was reported to have offered S4.2 million. Use Excel to find the return that the company was looking for.
using the IRR function in Excel, the return that Enhance was looking for was 9.05%
The last step in making a personal budget is to reduce expenses in flexible categories. The correct option among all the options given in the question is option "B". Under normal circumstances, a person cannot make the adding up all sources of income as the last step. Then the expenses will not get added. The flexible expenses are expenses that can always be reduce or are not important expenses. The basis of making the budget is to reduce those unnecessary expenses. So the last step should always be to find ways to reduce the flexible or unwanted expenses.
Answer:
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GDP stands for Gross Domestic Product. When we refer to Per Capita GDP, this covers the gross income of the country, and this is divided by the number of population in that country. Basing on this definition, I can say that the other ways to measure the quality of life in a country aside from basing from per capita GDP is through Genuine Progress Indicator, and <span>Gross Domestic Product. Hope this helps.</span>
