Answer:
The degree to which the portfolio variance is reduced depends on the degree of correlation between securities is the correct answer.
Explanation:
Answer:
The company should wait 2.72 days.
Explanation:
a) Data and Calculations:
Annual demand = 15,696 units
Unit price = $52
Ordering cost = $71
Inventory holding cost = 20% of $52 = $10.40 per unit
Determined order quantity = 46 units
Number of orders per year = 92 times
Total quantity that can be ordered = 4,232 (46 * 92)
This implies that there should be inventory of 11,464 at the beginning of the period (15,696 - 4,232)
The days to wait between orders = 2.72 days (250/92)
The document the borrower must receive at least three days before the signing appointment is: Closing Disclosure.
Closing disclosure is a loan document that contains all the information about the what loan entails.
This closing disclosure tend to contain the following:
- The loan terms
- Transaction details
- Closing information
- Projected payments
- Closing costs
- Summary of loan transaction etc
Closing disclosure document must be received by the borrower at least three days before the borrower sign the appointment so as to give the borrower time to go through the document or to review the documents and have good understanding of the loan terms and condition before signed the appointment.
Inconclusion the document the borrower must receive at least three days before the signing appointment is: Closing Disclosure.
Learn more about closing disclosure here:brainly.com/question/4375643
