Answer:
23.77%
Explanation:
Given that,
Purchased a stock eight months ago for $36 a share
Today, you sold that stock for $41.50 a share
Return for 8 months:
= (selling price today ÷ Purchasing price)
= ($41.50 ÷ $36) - 1
= 15.28%
Annualized rate of return:
= (1 + Return for 8 months) ^(12 ÷ 8) - 1
= (1 + 15.28%)^(12 ÷ 8) - 1
= 23.77%
Hence, the annualized rate of return is 23.77%.
A weighted average of the risk of each individual investments in the portfolio. The weighted average of risk is found using the standard deviation.
Answer:
Explanation:
Digital wallets can be used in conjunction with mobile payment systems, which allow customers to pay for purchases with their smartphones. A digital wallet can also be used to store loyalty card information and digital coupons.
It’s A because direct labor costs