Answer:
2.6%
Explanation:
Jensen Measure is calculated using the below formula
Jensen Alpha = Rp - (Rf + beta*(Rm - Rf))
Where Rp = Return on portfolio = 20%, Rf = risk free rate = 3%, Beta = Beta of portfolio = 1.8 and Rm = Market return = 11%
Jensen Alpha = 20 - (3 + 1.8*(11-3))
Jensen Alpha = 20 - (3 + 1.8*8)
Jensen Alpha = 20 - (3 + 14.4)
Jensen Alpha = 20 - 17.4
Jensen Alpha = 2.6%
Answer:
1. higher in Country A
Explanation:
Given: Gross domestic product (GDP)= $440 billion.
Country A has 100 million people.
Country B has 175 million people.
Real Gross Domestic Product (GDP): It is defined as the entire output produced annually that includes factors such as inflation and is adjusted for price changes.
Per capita real Gross Domestic Product (GDP): It gives the annual salary for the country and shows the quality of living.
Now calculating per capita real Gross Domestic Product (GDP) for both the countries.
Formula; Per capita GDP= 
<u>Country A</u>
⇒ Per capita GDP= 
We know one billion= 1000 million.
⇒ Per capita GDP= 
∴ Per capita GDP= 
<u>Country B</u>
⇒ Per capita GDP= 
∴ Per capita GDP= 
Hence, comparing both Per capita GDP of country A and B will get Country A have higher per capita GDP.
Answer:
b. False
Explanation:
The tax payer has incorrectly deducted depreciation expense from his income which resulted in a lower tax being paid. Deductions reduce the tax and lesser income is taxed if deductions are incorrectly classified. The income taxed in this case will be from a lower tax bracket due to wrong deduction of depreciation expense of $5,000 and taxable income was reduced by $5,000 in 2019.
Answer:
The answer is $15,680.66.
Explanation:
Semiannual coupon payment is 20,000 x 7% /2 = 700
* Present value of the bond as at 1st Jan 2006 is equal to:
+ Coupon payment at the time + Present value of 28 coupon payments in the next 14 years + Present value of face value repayment at the end of 14 years ( 14 x2 = 28 discounting periods) = 700 + (700/5%) x [1 - 1.05^(-28)] + 20,000/1.05^28 = $16,230.562
* We discount the present value of the bond as at 1st January 2006 to August 25 2005 to find the price of the bond ( from Aug 25 to 31st December there are 128 days, divided by 182.5 days for one period ).
16,230.562 / (1 + 5% x 128/182.5) = $15,680.66.
So the answer is $15,680.66.
Answer:
Farming is a business and good farm record-keeping helps the farmer plan and do realistic forecasting. Record-keeping provides valuable information on which methods work.
