Answer:
One would have to invest 55%
Duration of 3-year bond is 2.78
Then 5wZ + 2.78(1 - wZ) = 4
2.22wZ = 1.22
wZ = .5495
Explanation:
To properly understand the concept behind the above calculation, let us define some basic concept:
Portfolio: This can be refereed to as a phrase in finance. It refers to the collection on investment that is being held by an investment company, a financial institution such as a bank ,persons or an individual.
Zero coupon bond: A zero-coupon bond is a bond where the nominal or return on investment (ROI) value is repaid at the time of maturity. This definition usually reflects a positive time value of money.
We should also recall that the formula for zero coupon bond as:
price = M / (1 + i)^n
where: M = maturity value
i = required interest yield divided by 2
Applying this formula, we were able to arrive at the investment percentage.
Explanation:
Let angle y be the unknown angle inside the triangle.
given
y + 87 + 34 = 180 (sum of angles in a triangle)

given y + z = 180 (angles on same straight line)

Answer:
What Is Efficiency? Efficiency signifies a peak level of performance that uses the least amount of inputs to achieve the highest amount of output.
The separating of recordkeeping from the custody of assets a limitation of an internal control system because:
- In example above, fraud could occur only if the two employees collude (agree to work together to commit fraud)
- Employee maintaining accounting records has no incentive to falsify records.
- Employee controlling asset will know if another person is maintaining records or not.
- The employee who controls/has access to an asset should not maintain that asset's accounting records.
<h3>
What is meant by Internal Control?</h3>
- Internal controls are the mechanisms, rules, and procedures implemented by a corporation to ensure the integrity of financial and accounting information, promote accountability, and stop fraud.
- Internal controls can help improve operational efficiency by improving the accuracy and timeliness of financial reporting, besides complying with laws and regulations and preventing employees from stealing assets or committing fraud.
To learn more about asset's accounting records: brainly.com/question/24012821
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Answer: Negligence of duties
Explanation:
As a board member it's one of his primary duty to keep abreast of the firm performance. Not been aware for a year on the excuse of not been informed and not seeking to find out personally shows a negligence of duties.