Ads sent via email must be designated as advertisements.<br> 1. True<br> 3. False

You have a portfolio of two stocks that has a total value of $27,000. The portfolio is 39 percent invested in Stock J. If you ow

goblinko [34]

Answer:

$91.50 per share

Explanation:

The computation of the stock k share price is shown below:

Total value of portfolio = $27,000

The 39% invested in Stock J and the remaining 61% is invested in stock K

So, the value of K is

= $27,000 × 61%

= $16,470

And, the Stock K shares owned is 180

So, the share price of stock K is

= $16,470 ÷ 180 shares

= $91.50 per share

We simply divide the portfolio value of K by the number of shares owned by Stock k so that the share price of stock K could come

6 0

3 years ago

Using the midpoint method described in the textbook, find the cross-price elasticity of demand for FedEx and UPS overnight shipp

maksim [4K]

Answer:Cross Elasticity of Demand = 0.56

Explanation:

Cross Elasticity of Demand = Percentage change in quantity demanded/Percentage change in price .

Using the midpoint formulae

Percentage change in quantity of UPS=Q2 - Q1/ Q2+Q1/2

=1,300,000 - 1,200,000/(1,300,000 + 1,200,000)/2=0.1/1.25 =0.08

Percentage change in Price of FedEx = P2 -P1/ (P1+P2)/2

=75-65/(75+65)/2=10/70=0.1428

Cross Elasticity of Demand = Percentage change in quantity demanded/Percentage change in price .

=0.08/0.1428 = 0.56

Here the cross elasticity of demand is positive, which trells us that FedEx and UPS are substitute goods.

3 0

3 years ago

Read 2 more answers

I-Brew Inc. is thinking of starting a new line of coffee business: coffee trucks will deliver coffee from popular brands to cust

Bumek [7]

Answer:

$50,675.10

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.

When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.

Cash flow in year 0 = -$487,000 + $45,000

Cash flow in year 1 =$153,000

Cash flow in year 2 = $153,000

Cash flow in year 3 = $153,000 + $292,000 + $45,000

I = 14%

NPV = $50,675.10

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

4 0

3 years ago

Which statement is not true about life insurance companies? A. They sell contracts that offer financial protection against prema

Readme [11.4K]

Answer:

The statement which is not true about life insurance companies is:

B. They invest heavily in short-term highly marketable securities.

Explanation:

The option A is true about the life insurance companies as they sell contracts that offer financial protection against premature death and against living too long as this the main purpose of a life insurance policy.
These companies don't invest heavily in short-term highly marketable securities so the option B is not true about these companies.
The option C is true about the insurance companies as they have prediction about their inflows and outflows.
The option D is also correct as their liabilities are long-term in nature as the insurance policy is a long term policy.

7 0

4 years ago

3m has over 80 percent of its worldwide manufacturing and service facilities that are iso 9000 certified. this certification giv

geniusboy [140]

<span>they meet the needs of custmers while meeting satutory and regulatory requieremnts related to a product or program. ISO 9000 deals with the fundamentals of quality managements systems, including the seven quality managements principles upon which the family of standards is based.</span>

8 0

3 years ago

Ads sent via email must be designated as advertisements. 1. True 3. False