Given the following information:
Part A:
The expected return on an equally
weighted portfolio of these three stocks is given by:
Part B:
Value of a portfolio invested 21
percent each in A and B and 58 percent in C is given by
For boom: 0.21(0.09) + 0.21(0.03) + 0.58(0.34) = 0.0189 + 0.0063 + 0.1972 = 0.2224 or 22.24%.
For bust: = 0.21(0.23) + 0.21(0.29) + 0.58(-0.14) = 0.0483 + 0.0609 - 0.0812 = 0.028 or 2.8%
Expected return = 0.66(0.2224) + 0.34(0.028) = 0.1468 + 0.00952 = 0.1563 or 15.63%
The variance is given by
Answer:
2 1/6 hours
Step-by-step explanation:
2 1/3 + 1 1/2 + x = 6
convert all mixed numbers to improper fractions
7/3 + 3/2 + x = 6/1
change all numbers to have a common denominator
14/6 + 9/6 + x = 36/6
combine like terms
23/6 + x = 36/6
subtract 23/6 from both sides
x = 13/6
convert improper fraction to mixed number
2 1/6
Answer:
First three terms of given sequence are
9, 13, 17
Step-by-step explanation:
Answer:
3x - 9 - (6 / (x+4))
Step-by-step explanation:
3x - 9
|----------------------------------------
(x +4) | (3x^2 + 3x - 42 )
3x^2 + 12x
------------------------------
-9x - 42
-9x - 36
-----------------------------------
- 6
Answer: 3x - 9 - (6 / (x+4))