Answer:
The answer would be E
Explanation:
Excess return, also known as alpha, is a measure of how much a fund has under or outperformed the benchmark against which it is compared.
metric allows investors to compare sets of funds against each other, in order to see which fund has generated greater excess returns.
Answer: $42,400
Explanation:
The family currently spends $40,000 on living expenses.
Inflation is expected to be 6% and as Inflation is used to refer to the general rise in prices, this means that the family will be spending 6% more in one year.
They will therefore be spending;
= 40,000 * (1 + 6%)
= $42,400
Answer: $1.53776
Explanation:
Using the interest rate parity formula :
Forward currency exchange rate (F) = 1.50
SPOT rate (S) =?
Interest rate on domestic currency (Id) = 1%
Interest rate on foreign currency (If) = 1.5%
SPOT RATE(S) is given by;
S = F × (1 + If) ÷ (1 + Id)
S = 1.50 ×(1 + 0.015) ÷ (1 + 0.01)
S = (1.50 × 1.015) ÷1.01
S = 1.5225 × 1.01
S = $1.537725