I think it would be people like us...
Answer:
9.33%
Explanation:
The expected return of two asset portfolio is the weighted average of individual assets' expected to return as computed thus:
Portfolio expected return=(weight of market portfolio*expected return of market portfolio)+(weight of riskless security*expected return of riskless security)
weight of market portfolio=amount invested in market portfolio/total invested amount
weight of market portfolio=$80,000/$120,000=66.67%
expected return of market portfolio=market risk premium+riskless return
expected return of market portfolio=8%+4%=12%
weight of riskless security=1-66.67%=33.33%(since total investment which is 100% is 1)
expected return of riskless security=4%
Portfolio expected return=(66.67%*12%)+(33.33%*4%)
Portfolio expected return=\=9.33%
Answer:
$413.73
Explanation:
Here you want to find the monthly installment (payment) towards a student loan. We use the Time Value of Money techniques to find the missing parameter (PMT) as follows :
PV = $40,200
P/YR = 12
N = 10 × 12 = 120
I = 4.35 %
FV = $ 0
PMT = ?
Using a financial calculator to enter the values as above, the monthly installment (payment) will be $413.73.
Advertising, marketing, finance, intellectual property, and privacy laws.
Answer:
a. $738,000
Explanation:
Calculation for the cost of goods sold
Beginning Finished goods inventory $57,000
Add: Cost of goods manufactured $714,000
Goods available for sale $771,000
($714,000+$57,000)
Less Ending Finished goods inventory $33,000
Cost of goods sold $738,000
($771,000-$33,000)
Therefore the cost of goods sold will be $738,000