Answer:
Yes, you can be confident that the portfolio will not lose more than 30% of its value next year
Explanation:
In this question , the average return of portfolio is 12.5% and the standard deviation is 19.5%. It is estimated that there will be 30% loss next year. The confidence interval is 95%.
Range = Average return ± 2 x Standard deviation Low aid = 12.5% - (2 x19.5%) =12.5% -39% = -26.5%
High end = 12.5% +(2 x19.5%) =12.5%+39% = 51.5%
Thus, the low end is
26.5%
The range of return at 95% confidence interval is -26.5% to 51.5%
Answer:
Equivalent units
Materials 10,200
Covnersion Cost 9, 100
Explanation:
![\left[\begin{array}{cccc}&$Physical Units&$Materials&$Conversion\\$Beginning&2,000&0.6&0.4\\$Transferred out&9,000&&\\$Ending&3,000&0.8&0.3\\$Equivalent Units&&10,200&9,100\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%26%24Physical%20Units%26%24Materials%26%24Conversion%5C%5C%24Beginning%262%2C000%260.6%260.4%5C%5C%24Transferred%20out%269%2C000%26%26%5C%5C%24Ending%263%2C000%260.8%260.3%5C%5C%24Equivalent%20Units%26%2610%2C200%269%2C100%5C%5C%5Cend%7Barray%7D%5Cright%5D)
The equivalent units will be calcualte as follow:
transferred out
ending x completion
<u> (beginning x completion) </u>
Equivalent units
<u>Materials</u>
9,000 + 3,000 x 80% - 2,000 x 60% = 10,200
<u>Conversion Cost</u>
9,000 + 3,000 x 30% - 2,000 x 40% = 9,100
Answer:
A)The first cash flow of an annuity due is made on the first day of the agreement.
D)The last cash flow of an ordinary annuity is made on the last day covered by the agreement.
Explanation:
An annuity can be regarded as a series of payments which is made at an stable intervals. It can be classified based on the payment frequency. These could be monthly home mortgage payments,
It should be noted that in annuities,
✓The first cash flow of an annuity due is made on the first day of the agreement.
✓The last cash flow of an ordinary annuity is made on the last day covered by the agreement.
1. 110
2. 75
Won 110
Lost 35.
I tried my best sorry if it wrong.
