Answer: –0.0130
Explanation:
Correlation given the variance and the standard deviation of the two returns can be calculated by;
Correlation coefficient = Covariance of returns on investment A and B / (Standard deviation of return on investment A * Standard deviation of return on investment B).
Rearranging the formula, Covariance becomes;
Covariance of returns on investment A and B = Correlation coefficient * (Standard deviation of return on investment A * Standard deviation of return on investment B)
Covariance of returns on investment A and B = -0.260 * 0.25 * 0.20
Covariance of returns on investment A and B = –0.0130
Answer:
Generational conflict
Explanation:
The Foo Fighters were trying to reduce generational conflict by playing songs that all of the audience could enjoy, no matter their age.
<span>An open sight is simple, inexpensive, and standard on most handguns. They allow the shooter to easily see the target without any magnification or optic fibers. They cost much less than telescopic or fiber optic options, and can be either fixed or adjustable on the handgun.</span>
Answer:
follows the actions and operations of financial markets to keep them open and competitive.
Explanation:
In simple words, The Federal Open Market Committee relates to the division of the Federal Reserve Board which decides the course of monetary policy, in particular by coordinating free market activities. The panel is formed up of twelve representatives: the manager, seven FRB supervisors named by the Parliament, and four national federated presidents.
Thus, from the above we can conclude that the correct statement is C.
Answer:
Total cost= $5,000
Explanation:
Giving the following information:
Job 731:
Direct Materials= $2,500
Direct Labor hours= 100
Direct Labor wage rate: $10.00 per hour
First, we need to calculate the direct labor cost and then allocate overhead:
Direct labor= 100*10= $1,000
Allocated overhead= 1,000*1.5= $1,500
Total cost= 2,500 + 1,000 + 1,500
Total cost= $5,000
