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Nimfa-mama [501]
3 years ago
14

Semitool Corp. has an expected excess return of 6% for next year. However, for every unexpected 1% change in the market, Semitoo

l's return responds by a factor of 1.2. Suppose it turns out that the economy and the stock market do better than expected by 1.5% and Semitool's products experience more rapid growth than anticipated, pushing up the stock price by another 1%. Based on this information, what was Semitool's actual excess return
Business
1 answer:
xxTIMURxx [149]3 years ago
6 0

Answer:

8.8%

Explanation:

Given:

Excess return = 6% = 0.06

Return respond factor = 1.2

Expected higher percent = 1.5% = 0.015

Increase growth (stock price) = 1% = 0.01

Actual excess return = ?

Computation of actual excess return:

Actual excess return = Excess return + Increase growth (stock price) + [Expected higher percent × Return respond factor]

= 0.06 + 0.01 + [0.015 × 1.2]

= 0.07 + [0.018]

= 0.088

= 8.8%

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1. Which of the following redistribution programs provide medical assistance to those who are disadvantaged or unemployed?
Anettt [7]
1. The correct answer is Medicaid.
Medicaid is a distribution program that provide assistance to those who are disadvantaged or unemployed. 
Medicaid provides health coverage or nursing home coverage to certain categories of low-asset people, these includes pregnant women, parents of eligible children, people with disabilities and the elderly.It covers doctor visits, hospital expenses, nursing home care, home health care, etc.

 2.The answer is Education
 Education is the redistribution programs that can significantly increase the level of output of a nation by improving the human capital and efficiency of the workforce. The education and training of a country's workforce is a major determiner of how well the country's economy will perform. It is important to understand that globalization and international trade requires countries and their economies to compete with each other. Economically successful countries will hold competitive and comparative advantages over other economies. 

3. The characteristic of a public good would be ; the cost to build it is the same, regardless of how many people use it. 
A public good is a shared good or service for which it would be impractical to make consumers pay individually and to exclude non payers; any number of consumers can use them without reducing the benefits to a single consumer. In other word it is something that we need and makes life better, that the free market won't provide; for example roads, dams, lighthouses, etc.
3 0
4 years ago
Copyright provides what form of protection:
kozerog [31]

Answer:

C. Protects the right of an author to prevent unauthorized use of his/her works.

Explanation:

Copyright -

It refers to the legal right of the creator of the content on his intellectual property is referred to as copyright.

Copyright enables the owner to not any allow any random person to use , access or authorize his work , without his permission .

Doing so is an illegal activity .

Hence, Copyright helps to protect the work of the owner from copying , reproducing the same work.

Hence , from the question ,

The correct option is c.

7 0
3 years ago
A production possibilities frontier with constant opportunity cost is:________
amm1812

Answer: A straight downward sloping line

Explanation:

5 0
3 years ago
Ranger Company is constructing a building. Construction began on January 1 and was completed on December 31. Weighted average ac
astra-53 [7]

Answer:

$939,220

Explanation:

6400000 +12000000 = 18400000

we have to calculate the average interest on the general borrowing

= (10% of 6400000/ 18400000) + (11% of 12000000/18400000)

= 10% x 0.3478 + 11% x 0.65217

= 0.03478 + 0.0717

= 0.10648

= 10.65%

avoidable interest = (amount borrowed x percentage) + (expenditure-amount borrowed) x 10.65%

= 3200000*12% + (8,413,333-3200000)x10.65%

= 384000 + 555219.9

= $939,219.9

≈ $939,220

5 0
3 years ago
ForCo, a foreign corporation not engaged in a U.S. trade or business, recognizes a $3 million gain from the sale of land located
djyliett [7]

Answer:

Correct answer is option c. $3 million.

Explanation:

Step 1. Given information.

  • 3 million gain
  • 50 million sales

Step 2. Formulas needed to solve the exercise.

The withholding amount on the part of the purchaser of this land = Total consideration value * 6%

Step 3. Calculation.

= $50 million *6%

= $3 million

Step 4. Solution.

Therefore correct answer is option c. $3 million.

8 0
3 years ago
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