IN POKER IS IT - 9 - 10 - J - Q - K ??? Or is it 9,10,j,K,Q ??? Or does it matter

If during the year the portfolio manager sells all of the holdings of stock D and replaces it with 150,000 shares of stock E at

eimsori [14]

Answer:

The correct answer is 30.10%.

Explanation:

According to the scenario, the given data are as follows:

Stock A price = $30

Value of stock A = $30 × 210,000 = $6,300,000

Stock B price = $35

Value of stock B = $35 × 310,000 = $10,850,000

Stock C price = $10

Value of stock C = $10 × 410,000 = $4,100,000

Stock D price = $15

Value of stock D = $15 × 610,000 = $9,150,000

So, We can calculate the portfolio turnover rate by using following formula:

Portfolio turnover rate = Value of stocks sold or purchase / Market Value of Assets

Where, Market Value of Assets = Value of stock A + Value of stock B +Value of stock C + Value of stock D

= $6,300,000 + $10,850,000 + $4,100,000 + $9,150,000

= $30,400,000

And Value of stock sold = value of stock D = $9,150,000

So, by putting the following values in the formula:

= Turnover Rate = 9,150,000 / 30,400,000

= 30.10%

Hence, the portfolio turnover rate is 30.10%.

7 0

3 years ago

In the language of macroeconomics, investment refers to Select one: a. saving. b. the purchase of new capital. c. the purchase o

N76 [4]

Answer:

The correct answer is letter "B": the purchase of new capital.

Explanation:

In macroeconomics, an investment is a capital that has been acquired with the intention that it will produce income or interest over time. Popular investments include stocks, bonds, real estate, mutual funds and, to a lesser degree, commodities, annuities, and options.

Many investments trade on the open market every day. Global events and company results will cause the price of the investment to rise or fall.

4 0

3 years ago

Reggie, a resident of South Dakota, has an accident with Toby, a resident of Utah, while driving through that state. Toby files

Tanya [424]

Answer: in personam jurisdiction

Explanation: The “long-arm statute,” is a law in majority of states that explains when a court can have in personam jurisdiction over parties who do not reside in that state. Certain conditions must be met for the court to have this jurisdiction. In general, the cause of action should have occurred in the state where the case is being filed; the defendant was personally served with the court papers in the state; or the defendant has a minimum contact with the state.

In personam jurisdiction is defined as a court's jurisdiction over the parties in a lawsuit, that is, it has both the authority to rule on the law and evidences of a suit and the power to enforce its decision upon all parties to the suit.

7 0

3 years ago

One of your goals you have set for your company is to expand our product line the statement is

mash [69]

One of your goals you have set for your company is to expand our product line the statement is not clear and it's not measurable. The product line is the concentration of the same products which are categorized from the same brand.

6 0

3 years ago

Read 2 more answers

An FHA-insured loan in the amount of $157,500 at 5.5% for 30 years closed on July 17. The first monthly payment is due on Septem

uranmaximum [27]

Answer:

the amount of the interest adjustment is $336.875

Explanation:

The computation of the amount of the interest adjustment is as follows;

= Principal × rate of interest × number of days ÷ total number of days

= $157,500 × 5.5% × 14 days ÷ 360 days

= $336.875

Hence, the amount of the interest adjustment is $336.875

Therefore the given formula is applied

6 0

3 years ago