- 4x from 8x = 4x
-9 + 19 = 4x -14
-9 + 19 = 10
10 = 4x -14
+14
24 = 4x
divide by 4
X = 6
Step-by-step explanation:
In order to solve this question we use ratio and proportion
From the question
3 apples were sold for $2.00
Then
10 apples will be sold for what
That's
<h2>

</h2>
Hope this helps you
<h2>
The required "option D) 3.09" is correct.</h2>
Step-by-step explanation:
Given,
A portfolio has a E[r] = 12 %, and
A standard deviation (
) = 18 %
We know that,
Specify utility by U = E(r) – 0.5A
U = 0.12– 0.5(A) × 
= 0.12 - 0.5 × A × 0.0162
In order for the risky portfolio to be preferred to bills,
The following condition must have:
0.12 – 0.0162A > 0.07
⇒ A <
= 3.09
A must be less than 3.09 for the risky portfolio to be preferred to bills.
Thus, the required "option D) 3.09" is correct.