Answer:
1.90
Explanation:
The computation of the beta of the stock T is shown below:
Portfolio beta = Invested percentage in stock R × beta of Stock R + Invested percentage in Stock S × Beta of stock S + Invested percentage in Stock T × Beta of Stock T
1.37 = 0.24 × 0.71 + 0.38 × 1.26 + 0.38 × Beta of Stock T
1.37 = 0.1704 + 0.4788 + 0.38 × Beta of Stock T
1.37 = 0.6492 + 0.38 × Beta of Stock T
0.7208 = 0.38 × Beta of Stock T
So, the beta of stock T is 1.90
$13.27 is the fund's number of shares outstanding
Solution:
Given,
The All-Star Basic Value Fund's portfolio is valued at $250 million
Liabilities of $23 million
Net asset value = 17,100,000
Now ,
To find , fund's number of shares outstanding :
NAV = ($250 million - $23 million)/17.1 million = $13.27
$13.27 is the fund's number of shares outstanding
Answer:
mutualism
Explanation:
because both animals in the relationship benefit
Answer:
see below
Explanation:
Fixed assets are valuable items that cannot be converted into cash quickly. They are assets not meant for sale or consumption up in the current financial year.
Fixed assets are tangible or physical assets used by businesses in the productions or provision of services. They provide long term financial benefits to a business. Fixed assets have a useful life of more than one year. Land, buildings, motor vehicles, plant, and equipment are examples of fixed assets.
