Answer:
8.01%
Explanation:
Expected return on mutual fund = Risk-free rate + Market risk premium*Beta
Expected return on mutual fund = 3% + 7.7%*1
Expected return on mutual fund = 10.70%
Best estimate of the portfolio expected rate of return = Weight of mutual fund*Expected return on mutual fund + Weight of risk-free Treasury bills*Expected return on risk-free Treasury bills
Best estimate of the portfolio expected rate of return = 65%*10.70 + 35%*3
Best estimate of the portfolio expected rate of return = 0.08005
Best estimate of the portfolio expected rate of return = 8.01%
Answer:
Engineer Brown has been engaged in providing consulting engineering services for a number of years as a sole proprietor. Because his practice was growing, he recently hired another engineer and decided to commence offering professional services under the name of Brown and Associates. In order to comply with the rules he must
Notify the Board office of the name change
Explanation:
Since it is the same company but just with change of name changes, notification to the company he render services for is only needed to avoid confusion about the authenticity of the company
<span>Women in native American communities are held at a high regard, are well respected, and have the rights and liberties of men in certain situations. When married, the husband joined the woman's family as the family line was always traced through the women of the family. If a woman decided that she wanted a divorce from her husband, her decision was easily made when she put her husband out of the house to leave.</span>
Answer:
<u>a. High inflation rates</u>
Explanation:
Note that<em> a major role of a corporate finance manager </em>is to maximize the profits of a business by providing advice as to mergers as well as buying and selling financial products.
Therefore, according to reports David Jimenez in the early 1980s was faced with the problems of high inflation rates which meant a rise in the cost of production etc for companies or businesses under his care.