Answer:
Net asset value is $4,104,500 in total and $63.15 per share
Explanation:
Stock Shares Price Total value (Share x Price)
A 13,500 $83 $1,120,500
B 33,000 $16 $528,000
C 20,000 $59 $1,180,000
D 71,000 $21 <u> $1,491,000</u>
Total <u>$4,319,500</u>
Net Asset = $4,319,500 - $215,000 = $4,104,500
NAV = $4,104,500 / 65,000 = $63.15 / share
It can be deduced that the expected rates of return of stocks A and B are 13.2% and 7.7% respectively.
<h3>
How to calculate the expected
rates of return</h3>
E(RA) = 0.1 (10%) + 0.2 (13%) + 0.2 (12%) + 0.3 (14%) + 0.2 (15%)= 13.2%
E(RB) = 0.1 (8%) + 0.2 (7%) + 0.2 (6%) + 0.3 (9%) + 0.2 (8%)= 7.7%
Therefore, the expected rates of return of stocks A and B are 13.2% and 7.7% respectively.
The standard deviation will be calculated thus:
Var(RA) = [0.1 (10%-13.2%)² + 0.2 (13%-13.2%)² + 0.2 (12%-13.2%)² + 0.3 (14%-13.2%)² + 0.2 (15%-13.2%)2 ] 1/2
= 1.5%
Var(RB) = [0.1 (8%-7.7%)² + 0.2 (7%-7.7%)² + 0.2 (6%-7.7%)² + 0.3(9%-7.7%)² + 0.2 (8%-7.7%)² ] 1/2
= 1.1%
Therefore, the standard deviation of stocks A and B are 1.5% and 1.1% respectively.
Learn more about rate of return on:
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Complete Question:
An investment adviser is opening that day's mail and receives a check from a customer made out to the "Jones Cleaning Service" - the check was mailed in error to the adviser. The same day, the investment adviser mails the check back to Jones Cleaning Service. Under NASAA rules, the investment adviser:
I. is deemed to have taken custody of the customer's funds
II. has not taken custody of the customer's funds
III. must keep a record of the check received
IV. is not required to keep a record of the check received
A. I and III
B. I and IV
C. II and III
D. II and IV
Answer:
C. II and III
Explanation:
In this scenario, an investment adviser is opening that day's mail and receives a check from a customer made out to the "Jones Cleaning Service" - the check was mailed in error to the adviser. The same day, the investment adviser mails the check back to Jones Cleaning Service. Under North American Securities Administrators Association (NASAA) rules, the investment adviser has not taken custody of the customer's funds and must keep a record of the check received.
<em>According to NASAA rules, if an investment adviser inadvertently receives a check made out to a third party like it was made out to the "Jones Cleaning Service" in error, provided that the investment adviser mails the check to the third party (customer) within 3 business-working days, then the adviser has not taken custody of the customer's funds. Also, it is required that the investment adviser must keep a record of the check received. </em>
Answer:
people face trade offs
Explanation:
Because wants are unlimited and the resources used to satisfy those wants are limited, people have to face trade offs. these trades off are opportunity costs.
Opportunity cost or implicit is the cost of the option forgone when one alternative is chosen over other alternatives.
In this question, the wants are a cell phone or an amplifier. the resource is $200. If the amplifier is bought, the cell phone cannot be purchased. This is an example of a trade off
Answer:
cultural brain hypothesis
please give brainliest
