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In this scenario, Ignatius had a net gain of 534.45 which means he had 534.45 more CREDITS than DEBITS.
Credits to a checking account increase the balance while debits decrease it.
Answer:
C. 7.81%
Explanation:
Stock A and Stock B expected Return shall be calculated using the following formula:
Stock A/B expected [email protected]*Return at [email protected]*Return at [email protected]*Return at Recession.
Stock A return=0.21*18.9%+0.74*15.8%+0.05*-24.6%
=14.43%
Stock B return=0.21*9.7%+0.74*7.6%+0.05*4.2%
=7.87%
Market risk premium=(Stock A Return- Stock B return)/0.84
Market risk premium=(14.43%-7.87%)/0.84=7.81%
So Based on the above explanation, the answer shall be C. 7.81%
Answer:
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Explanation:
Supply Chain: Is a network between a company and its suppliers to produce and distribute a specific product or service.
Answer:
FV= $61,493.24
Explanation:
Giving the following information:
Annual deposit= $1,500
Number of periods= 65 - 45= 20 years
Annual interest rate= 7%
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {1,500*[(1.07^20) - 1]} / 0.07
FV= $61,493.24