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Gemiola [76]
3 years ago
7

Alison has all her money invested in two mutual funds, A and B. She knows that there is a 40% chance that fund A will rise in pr

ice, and a 60% chance that fund B will rise in price given that fund A rises in price. What is the probability that both fund A and B will rise in price?
A. 0.24
B. 0.40
C. 0.76
D. 1.00
Business
1 answer:
Daniel [21]3 years ago
6 0

Answer:

A. 0.24

Explanation:

From the question ,  

The probability that mutual funds A will rise is 40 % , i.e. , P ( A ) = 0.40  

The second statement given is , the probability of rise in B with A , is 60% , i.e. , P ( B | A )  = 0.6

Therefore , to calculate the probability that both funds will increase is given by P( B n A ) .

Since ,  

P ( B | A ) = P (B n A) / P(A)

Now, putting the respective values -

0.6 = P(B n A) / 0.4

rearranging ,  

P (B n A) = 0.6 * 0.4

P(B n A) = 0.24

probability that both the fund A and fund B will rise in price = 0.24 .

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Answer:

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6 0
3 years ago
Consider the following​ statement: ​"An increase in supply decreases the equilibrium price. The decrease in price increases​ dem
pochemuha

Answer:

The correct answer is option A.

Explanation:

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The statement given in the question is false. A change in demand is caused by a change in other factors while the price of the product remains the same. The change in price affects the quantity demanded.

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This scenario illustrates that Horizon has failed to fulfill its <u>"Legal responsibility".</u>


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To stay away from issues later on it is imperative to comprehend your commitments. It is critical to know your commitments and legal responsibilities for working a business. This can be perplexing in light of the fact that directions can apply to a wide range of regions of your business.You are in charge of guaranteeing you have the right business enlistments and that they are kept up and recharged.  

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ZanzabumX [31]

Answer:

total amortization expense = $5400

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Explanation:

given data

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to find out

total amortization expense

solution

we get here total amortization expense that is express as

total amortization expense = \frac{purchase\ price}{time\ period} ×months  ...............1

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Answer:

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