Answer:
The beta of the portfolio is 1.22
Explanation:
In calculating the beta of the whole portfolio, we can calculate the weighted average beta of each stock .The sum of all weighted betas give the beta of the entire portfolio.
Beta of portfolio=amounted in first stock/entire amount invested*beta of the first+amount invested in second stock/entire amount invested *beta of the second stock
Beta of portfolio=($32000/($32000+$42000))*1.1+($48000/($32000+$48000))*1.3
Beta of portfolio=1.22
Answer: $30000
Explanation:
Based on the information given in the question, the required reserve will be:
= $60000 × 25%
= $15000
Since the bank's required and excess reserves are equal, then the excess reserve will be $15000.
Therefore, the actual reserves will be:
= Required reserve + Actual reserve
= $15000 + $15000
= $30000
The answer is At least quarterly.
financial institution pay interest to the commissioner of management and budget from a broker's interest-bearing trust account at least quarterly.
What is a Financial institutions?
- A financial institution (FI) could be a company locked in within the business of managing with monetary and financial transactions such as stores, advances, ventures, and cash exchange.
- Financial institutions envelop a wide run of commerce operations inside the money related administrations segment counting banks, believe companies, protections companies, brokerage firms, and speculation dealers.
- Financial teach can shift by measure, scope, and geography.
- A financial institution (FI) is a company engaged in the business of dealing with financial and monetary transactions such as deposits, loans, investments, and currency exchange.
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Answer:
$46,666.67
Explanation:
Henri earned a salary of $50,000 in 2001
He earned $70,000 in 2006
The consumer price index in 2001 was 177 and in 2006 was 265.5
Therefore his salary in 2001 can be calculated as follows
= 70,000/265.5 × 177
= 263.65 × 177
= 46,666.67
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