If a mutual fund portfolio earned a return that exceeded the return on the S&P 500 stock index, you may conclude that the fu
1 answer:
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Answer:
Expected return will be 22.65 %
Explanation:
We have given recently paid dividend = $1.26
Growth rate g = 20.16 %
Current stock price $
Next year dividend
We have to find the expected return
We know that current stock price is equal to
60.72 - 12.241 = 1.514
60.72 = 13.755
= 0.2265 = 22.65 %
So expected return will be 22.65 %
Answer:
Maximum Ares architect can build is 36,450
Explanation:
Suppose
The Perpendicular of the triangle = l
The Base of the triangle = b
The hypotenuse of the triangle = h
The hypotenuse of the triangle can be calculated as follow
h =
Total Budget = $1,620
As the architect does not want to build anything on the hypotenuse of the triangle area.
So as per given condition
( $9 x l ) + ( $3 x b ) = $1,620
$3 ( 3l + b ) = $1,620
3l + b = $1,620 / $3
3l + b = 540
b = 540 - 3l ...........(1)
Area = 1/2 x l x b
using (1) we will have
Area = 1/2 x l x ($540 - 3l)
Now differentiating w.r.t l
=
0 =
0 = 540 - 6l
6l = 540
l = 540/6
l = 90 ft
Placing value of l in (1)
b = 540 - 3(90)
b = 540 - 270
b = 270
So, Maximum area will be calculated as follow
Maximum Ares = x 270 x 270
Maximum Ares = 36,450