Answer:
$21.66
Explanation:
We are to find the present value of $9,999,999,999.
The formula to be used is :
P = FV (1 + r/m) ^-mn
FV = Future value
P = Present value
R = interest rate
N = number of years
M = number of compounding
= $9,999,999,999 ( 1 + 0.02 / 4 ) ^-4000 = $21.66
I hope my answer helps you
Answer and Explanation:
The computation of the expected return and standard deviation when there is 100% in stock A is shown below:
Expected return is
= 0.12 × 100
= 12%
And, the standard deviation of the portfolio is
= √1^2 + √1^2
= 1
Hence, the same is relevant
Answer:
Partnership
Explanation:
A partnership can be defined as a type of business ownership in which two or more individuals come together to start up a business and share the profits made together.
There are two (2) main classes of partnerships and these includes;
1. General partner: it is a type of partnership in which two or more people come together and have an agreement to do business by sharing profits, assets, debts or financial and legal liabilities.
2. Limited partner: it is a type of partnership in which people come together and have an agreement to do business but the involved partners only contribute financially and solely responsible to the amount of money they invested.
In this scenario, there are several doctors maintaining separate practices such as dentistry, paediatric, gynaecology, etc., in the same building.
Thus, these doctors may have combined their efforts to form a partnership business because they all share in the successful operation of the business and assume liability for any business debt owed.
