If a portfolio is comprised of two stocks. Stock A comprises 65% of the portfolio and has a beta of 1.21. The portfolio beta is 1.119.
<h3>Portfolio beta</h3>
Using this formula
Portfolio beta=(Stock A portfolio×beta)+[(1-Stock A porfolio)× Stock B beta]
Let plug in the formula
βp = (.65 × 1.21) + [(1 - .65) × .95]
βp = (.7865) + [.35 × .95]
βp= .7865+ .3325
βp = 1.119
Therefore the portfolio beta is 1.119.
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Answer:
C) $370,000
Explanation:
sales expressed in thousands of $
Month total sales collected in collected in collected
current m. 70% next m. 25% 2 m. 5%
Jan. 600 420
Feb. 700 490 150
Mar. 500 350 175 30
Apr. 300 <u>210</u> <u>125</u> <u>35</u>
May 75 25
June 15
total cash collection in April = $210,000 + $125,000 + $35,000 = $370,000
Answer:
Procurement
Explanation:
The purchasing function, sometimes called procurement is an important part of any firm's production strategy. The role of procurement is simply to get goods and services for the business needs.
Procurement is the act of getting goods or services, for business purposes. It is generally the last act of purchasing.
It would be subject to taxation in all three states where it does business.
