Answer:
Explanation:
I think the answer is statement no 3.
Hope it helps.
When light is reflected by a mirror, the angle of incidence is always <span>A. equal to the angle of reflection. We know this by the Law of Reflection.</span>
You will get 20460000 as your answer which is broken down into, 2.046 x 10^7 as your number has to be between 1-10.
Answer:
The portfolio should invest 48.94% in equity while 51.05% in the T-bills.
Explanation:
As the complete question is not given here ,the table of data is missing which is as attached herewith.
From the maximized equation of the utility function it is evident that

For the equity, here as
is percentage of the equity which is to be calculated
is the Risk premium whose value as seen from the attached data for the period 1926-2015 is 8.30%
is the risk aversion factor which is given as 4.
is the standard deviation of the portfolio which from the data for the period 1926-2015 is 20.59
By substituting values.

So the weight of equity is 48.94%.
Now the weight of T bills is given as

So the weight of T-bills is 51.05%.
The portfolio should invest 48.94% in equity while 51.05% in the T-bills.