Answer:
15.26%
Explanation:
Let the expected return if economy is normal be X
Expected return ; E(R) = SUM(probability. *return)
E(R) =15.1% OR 0.151 as a decimal
RECESSION: (probability. *return) = -0.08 * 0.02 = -0.0016
NORMAL: (probability. *return) = 0.87 *X = 0.87X
BOOM: (probability. *return) = 0.11 *0.18 = 0.0198
Next, sum the three returns and equate them to 0.151;
-0.0016 + 0.87X + 0.0198 = 0.151
0.87X + 0.0182 = 0.151
Subtract 0.0182 from both sides;
0.87X = 0.151 - 0.0182
0.87X = 0.1328
Divide both sides by 0.87 to solve for X;
X = 0.1526 as a decimal or 15.26%
Therefore, expected return if economy is normal is 15.26%
Hi!
Option A is correct.
In cooking, convection is the phenomena that causes molecules with a higher energy at the bottom of a container to travel upwards, and the molecules at the top with a lower energy to sink to the bottom and replace them.
Mechanical convection describes this phenomena as a result of the application of an external force.
This phenomena is restricted to substances that are in liquid, or gaseous state, as molecules of a substance in solid state have a very restricted movement.
Hence, options B, C and D are incorrect.
Hope this helps!
Answer: D. Business equipment can be continually adjusted based on analysis of data.
Explanation: Apex Learning - Computer Applications 5.4.3 Test (CST)
This was the answer given in the lesson, as well as during the quiz. (I am not giving sass, just hoping this answer doesn't get removed like all the other apex answers I have shared.)
Allowing bank branching across state lines gives banks greater ability to coordinate bank operations. This makes it easier for them to receive the benefits of <u>economies of scale</u>.
Banking operations are financial institution-specific monetary sports listed in the Banking regulation which involve the provision of sure economic offerings to their recipients (customers of a financial institution or 0.33 parties) against fee and under an agreement concluded with the customer.
The banking industry is rewarding and plays an essential position in our economy. It gives tough roles and possibilities to develop abilities and information. The dynamic nature of the industry and its relevance within the economic situation is why I want to pursue a profession in the banking zone.
Banking fundamentals refer to the principles and principles relating to the exercise of banking. Banking is an enterprise that offers credit score centers, storage for cash, investments, and different monetary transactions.
Learn more about the bank here brainly.com/question/4577522
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You might consider the brand, cost, color etc. If it is a big item you might create a list to compare them both. or a list of pros and cons of them both.