Answer:
The positive numbers are 51 and 53
Step-by-step explanation:
Let first odd integer be x and another odd integer is (x+2).
According to the given condition,
The product of two positive consecutive odd integers is 2703 i.e.
x(x+2) = 2703
It is a quadratic equation. It can be solved as follows :
x = 51 and x = -53
Neglecting negative sign,
The first number = 51
Another number =(51+2) = 53
Hence, the positive numbers are 51 and 53.
Step-by-step explanation:
Given,
A portfolio has a E[r] = 12 %, and
A standard deviation () = 18 %
We know that,
Specify utility by U = E(r) – 0.5A
U = 0.12– 0.5(A) ×
= 0.12 - 0.5 × A × 0.0162
In order for the risky portfolio to be preferred to bills,
The following condition must have:
0.12 – 0.0162A > 0.07
⇒ A < = 3.09
A must be less than 3.09 for the risky portfolio to be preferred to bills.
Thus, the required "option D) 3.09" is correct.