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Galina-37 [17]
3 years ago
11

A new investment adviser that will use a passive management approach opens its first account with a customer that is placing $10

,000,000 under management. The customer states that he wants the portfolio invested aggressively in selected speculative stocks. The investment adviser should:
Business
1 answer:
PtichkaEL [24]3 years ago
4 0

Answer:

B.

Explanation:

Based on the information provided it can be said that the investment adviser should recognize that the customer's request is not within the scope of the adviser's expertise and retain an outside investment counsel. A "passive" investment manager believes in results generated by a diversified portfolio over one of individually selected stocks. Since the individual wants the adviser to choose the stocks, then the adviser has the responsibility to step back due to his lack of expertise selecting an individual stock portfolio and advise the individual to retain another investment advisor.

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Ipatiy [6.2K]

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<u></u>

<h3>What are direct materials?</h3>

Those components pass into a manufactured product are called as Direct materials. Direct materials cost refers to the cost of direct materials which may be without problems recognized with the unit of production.

For example, the value of glass is an immediate substance cost in light bulb manufacturing.

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8 0
2 years ago
You are offered a chance to buy an asset for $4,500 that is expected to produce cash flows of $750 at the end of Year 1, $1,000
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Answer:

<em>a. 22.64%</em>

Explanation:

At first we are going to need to compute the Internal rate of return(IRR) (in which the current value of inflows = the current value of outflows)

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Therefore $4,500 = $750 / (1.0x)

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+ $6,250 / (1.0x) <em>power 4</em>

Thus, x = approximate return rate = <em>22.64 percent</em>

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When miriam inc., a handbag manufacturer headquartered in the u.s., decided to invest in japan, it tied up with a japanese fashi
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Hence, Harley-Davidson is building brand personality by reinforcing the perception that the brand is masculine, rugged, and individualistic.

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