<h2>
The required "option D) 3.09" is correct.</h2>
Step-by-step explanation:
Given,
A portfolio has a E[r] = 12 %, and
A standard deviation (
) = 18 %
We know that,
Specify utility by U = E(r) – 0.5A
U = 0.12– 0.5(A) × 
= 0.12 - 0.5 × A × 0.0162
In order for the risky portfolio to be preferred to bills,
The following condition must have:
0.12 – 0.0162A > 0.07
⇒ A < 
= 3.09
A must be less than 3.09 for the risky portfolio to be preferred to bills.
Thus, the required "option D) 3.09" is correct.
<span>5x-102=13
Add 102 to both sides
5x=115
Divide 5 on both sides
Final Answer: x=23</span>
Answer:
x= -13, y= -7
Step-by-step explanation:
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Equation Given :
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16x² = 121
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Take away 121 from both sides:
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16x² - 121 = 0
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Make each term a perfect square
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(4x)² - (11)² = 0
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Apply algebraic rule : a² - b² = (a + b)(a - b)
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(4x + 11) (4x - 11) = 0
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Apply zero product property :
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4x + 11 = 0 or 4x - 11 = 0
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Solve for x :
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4x = - 11 or 4x = 11
x = -11/4 or x =11/4
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Answer: x = -11/4 or x = 11/4
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Answer:
36
Step-by-step explanation:
since a = -6, we have to multiply -3, -6 and 2,and you get 36
