Answer:
23.56
Explanation:
Standard deviation of the first stock (σ1) = 20%
Standard deviation of the second stock (σ2) = 37%
The correlation coefficient between the returns (ρ) = 0.1.
Proportion invested in the first stock (W1) = 43%
Proportion invested in the second stock (W2) = 57%
The standard deviation of a two-stock portfolio's returns is given by
The standard deviation of this portfolio's returns IS 23.56%
Answer:
The correct answer is (B)
Explanation:
Each team in the league has a limit of $33 million every year on compensations, and they have 45 players with a pay of $700,000. Firstly, we need to find the total salary of 45 players.
$700,000 * 45 = $31,500,000 is the total salary of 45 players
$33,000,000- $31,500,000 = $1,500,000
According to the results, , the sum that they have left under the Cap is $1,500,000.
Answer:
$738.39
Explanation:
<u>Interest is compounded for first 6 months</u>
Amount at the end of 6 months = $6,300 * (1+0.05/12)^6
Amount at the end of 6 months = $6,300 * 1.025262
Amount at the end of 6 months = $6,459.15
<u>Therefore, 17.3%</u>
Amount at the end of 12 months = $6,459.15*(1+0.173/12)^6
Amount at the end of 12 months = $6,459.15*1.0896782
Amount at the end of 12 months = $7,038.39
Interest owed = Amount owed - Principal
Interest owed = $7,038.39 - $6,300
Interest owed = $738.39
