Ask question

Ask question

All categories

3 years ago

12

Suppose the benefit of owning a painting, in terms of your personal enjoyment, is worth 5% of the value of the painting. If the

expected rate of return on stocks is 7%, then the painting should grow in value by _________ per year.

1 answer:

Julli [10]3 years ago

4 0

Answer:

7%

Explanation:

It would grow by 7% each year which is the rate of return on stocks

You might be interested in

Consider the following scenario to answer the following questions: Kukla makes tables, with an opportunity cost of 3 rugs per ev

mote1985 [20]

Answer:

E

Explanation:

In this question, we are told to state what the reaction of Koka and Zola will be;

Kukla and Zola both like the proposal. As according to the given opportunity cost for Kukla (3 rugs per every 4 tables) she can get 1.5 rugs for 2 tables .But with the offer made now she can get 2 rugs for giving 2 tables.

Given the opportunity cost for Zola ( 2 tables per every 3 rugs ) she must give 3 rugs for getting 2 tables. But with the offer made she can now get 2 tables for giving away only 2 rugs .

So both Kukla and Zola are happy with the offer.

3 0

3 years ago

Read 2 more answers

You purchased shares of a mutual fund at a price of $20 per share at the beginning of the year and paid a front-end load of 5.75

valkas [14]

Answer:

3.44%

Explanation:

The computation of the return if sold the fund at the year end is shown below:

= {[Price × (1 - Front End Load) × ((1 + fund increase percentage) -expense ratio)] - price} ÷ price

={[$20 per share × (1 - 5.75%) × ((1 + 11%) - 1.25%)] - 20} ÷ 20

= 3.44%

We simply applied the above formula so that the correct return could come

6 0

3 years ago

A local university has a student population that is 55% male. 60% of students are undergraduates. 38% are both male and undergra

Mandarinka [93]

The probability that a randomly selected student is female and an undergraduate = 37%

The probability of being female or an undergraduate= 1.05

<h3>The male students</h3>

The male population = 55%

Therefore female population would be 1 - 0.55 = 45%

<u>Undergraduates</u> = 60%

The male undergraduate = 38%

Therefore female undergraduates = 60%-38%

= 22%

a. The probability that a randomly selected student is an undergraduate and female

= $\frac{0.22}{0.60}$

= 37%

B. The probability that the student is female or undergraduate

P(A or B)

= Probability of female = 45/100

Probability of undergraduate = 60/100

= 0.45 + 0.60

= 1.05

Read more on probability here:

brainly.com/question/25870256

4 0

2 years ago

You supply a good at a price of $5. You also earn a profit at this price. This means that your marginal cost could be _____.

Fed [463]

<span>You supply a good at a price of $5. You also earn a profit at this price. This means that your marginal cost could be less than $5.
Hope it helps.</span>

3 0

3 years ago

If 20,000 worker-hours produced a total output of $600,000 in an economy, then the labor productivity is

cupoosta [38]

Answer:20 per hours Explanation:

6 0

3 years ago