Last question of the day what is the reciprocal of 9 2/3
1 answer:
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Complete question is attached;
Answer:
Option D: 0.3069
Step-by-step explanation:
Formula for coefficient of variation on the company's stock is;
CV = σ/E(r)
Where σ is the standard deviation and E(r) is expected value of return.
From the attached image, we can find E(r) as;
E(r) = 0.45(25) + 0.5(15) + 0.05(5)
E(r) = 19%
From online calculation, the standard deviation is 5.83%
Thus;
CV = 5.831/19
CV ≈ 0.3069
Answer:
8
Step-by-step explanation:
Nth term of a geometric sequence is given as:
...(1)
Plugging n = 9, a = 3 and r = 2 in the above equation, we find:
... (2)
Comparing equations (1) & (2), we obtan:
(n - 1) = 8