Based on the probability distributions of the funds and the correlation, the following is true:
- Investment proportions would be 33% Equity and 67% debt.
- Standard deviation would be 21.16%.
<h3>What would be the Investment proportions?</h3>
The expected return can be found as:
= (Return on stock x Weight of stock) + (Return on debt x Weight of debt)
As we already have the return as 12%, we can solve the formula for weights :
12% = (16% x Weight of equity ) + (10% x Weight of debt)
12% = (16% x W of equity ) + (10% x (1 - W of equity))
12% = 0.16W + 10% - 0.1W
2% = 0.06W
W = 2% / 0.06
= 33%
Equity is 33% so Debt is 67%.
<h3>What would be the standard deviation?</h3>
= √(Weight of stock ² x Standard deviation of stock ² + Weight of debt ² x Standard deviation of debt² + 2 x standard deviation of stock x standard deviation of debt x Correlation x weight of stock x weight of debt )
= √(33%² x 34% ² + 67%² x 25%² + 2 x 34% x 25% x 0.11 x 0.33 x 0.67)
= 21.16%
Find out more on portfolio standard deviation at brainly.com/question/20722208.
Answer:
The Shift from Artisan to Factory Worker and the Factory System
a) The Shift from Artisan to Factory Worker: Earlier, people produced everything they needed by their own hands. Food production was limited to subsistence level as every household owned farms on which they cultivated the food the family required. The artisan worked alone to handcraft tools and other ornamental works.
But, all this changed with the invention of the steam engine. Following the improved systems of transportation with steamboats, travelling was enhanced. Gradually, production processes were mechanized. Factories started springing up in concentrated areas near water channels. People left their rural areas to live near the factories in towns and cities. With the birth of the factory system, goods were mass-produced and could be sold in markets farther from the factory towns.
It was the age of industrialization, trade unionization, assembly line production, scientific management, and now complete automation of processes with robots replacing manual labor. It has been a long way.
b) Advantages of the Factory System:
- Hunger was reduced as more food items were produced and processed into finer products on a large scale.
- Exports of goods were encouraged and more markets outside the domestic markets were explored.
- The world became a global village with the pursuit of the common good of man, thereby levelling human beings to a common humanity and experience.
- More sophisticated goods and equipment can now be produced as a result of the factory system. Manual labor has been eased greatly.
- The factory system introduced scientific management, which has ensured production innovations and encouraged skills development.
c) Disadvantages of the Factory System:
- The artisan was rendered jobless by the factory system as some of the tools and goods which only the artisan could produced was commonalized to the extent that unskilled laborers could produce them, just by each concentrating on a part through the principle of division of labor.
- The factory system created urbanization with its attendant problems, especially sanitation problems and pollution of the environment. People's health has been jeopardized as a result.
- The factory system also created the consumerism culture.
- It widened wealth-inequality as wealth creation became concentrated in the hands of a few people.
Explanation:
The factory system encourages a method of manufacturing through the use of machines, automation, and division of labour. It gave rise to urbanization, transportation efficiency, and globalization.
Answer:
Option A,4 months
Explanation:
Closing fees =1.5% of the mortgage
mortgage amount is $150,000
closing fees =$150,000*1.5%=$2250
The mortgage monthly payment can be computed using the pmt formula in excel as follows:
=pmt(rate,nper,-pv,fv)
rate is the rate per month which is 3.5%/12=0.002916667
nper is 30 years multiplied by 12 =360
pv is the amount of mortgage which is $150,000
fv is the sum of the interest on mortgage and mortgage amount which is unknown
=pmt(0.002916667
,360,-150000,0)= 673.57
the final answer=closing fees/monthly payment=$2250
/$673.57 = 3.34 months
The closest option is 4 months
Answer:
$68.11 per hour
Explanation:
Labor productivity is measured as total output value per labor hour, or how much money (total units produced x unit price) is produced during each labor hour.
Flagstaff has 8 workers and each one has worked 45 hours during the first week of March = 8 x 45 = 360 total labor hours
total output during the first week of March was worth = (52 second garments x $100 per unit) + (92 flawless garments x $210 per unit) = $5,200 + $19,320 = $24,520
labor productivity = $24,520 / 360 hours = $68.11 per hour
