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Alexxandr [17]
3 years ago
11

An investment strategy has an expected return of 21 percent and a standard deviation of 15 percent. Assume investment returns ar

e bell shaped. a. How likely is it to earn a return between 6 percent and 36 percent?
Business
1 answer:
Oxana [17]3 years ago
5 0

Answer:

68%

Explanation:

Given :

Mean, μ = 21

Standard deviation, σ = 15

Recall :

Zscore = (x - μ) / σ

P(Z =(x - μ) / σ) - P(Z =(x - μ) / σ)

x = 6 and x = 36

P(Z =(36 - 21) / 15) - P(Z =(6 - 21) / 15)

P(Z = 1) - P(Z = - 1)

Using the Z probability calculator :

P(Z = - 1) = 0.15866

P(Z = 1) = 0.84134

0.84134 - 0.15866

= 0.68268

= 0.68

= 68%

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Anika [276]

An investigator conducting a study of a medical device under an ide is required to complete and sign an investigator's agreement. It is a statement of the investigator's commitment to conduct the investigation in accordance with the agreement, the investigational plan, the IDE and other applicable FDA regulations, etc., it also supervise all testing of the device involving human subjects, and ensure that the requirements for obtaining informed consent are met.

8 0
2 years ago
In November 2016, General Motors produced a car that was delivered to a local dealership in December 2016. The auto was sold to
horsena [70]

Answer:

It will be counted as investment in 2016 and negative investment in 2017.

Explanation:

National income refers to the total value of a country's final output of all new goods and services produced in one year. There are various ways of measuring national income, e.g. GDP, GNP, etc

Therefore, following national income accounting practices, the car would be counted as part of the investments and GDP of 2016, and negative investment in 2017, because that was the year in which it was produced.

4 0
2 years ago
Estimate the value of a share of Intel common stock using the residual operating income (ROPI) model as of December 25, 2010; as
wariber [46]

Answer:

Using

F=P(1+i)^n equation

we will have

n=5 years

i=11%=0.11

P=5511 million

F=23424 million

7 0
3 years ago
Flex Co. uses a periodic inventory system. The following are inventory transactions for the month of January: 1/1 Beginning inve
Radda [10]

Answer:

The total cost of goods sold =  $37,500

Explanation:

Given:

Beginning inventory = 10,000 units at $3

Purchase inventory = 5,000 units at $4

Purchase inventory = 5,000 units at $5

Sale inventory = 10,000 units at $10

Total inventory units = [10,000 + 5,000 +5,000]

Total inventory units = [20,000]

Total Cost of inventory units = [(10,000×$3) + (5,000×$4) + (5,000×$5)]

Total Cost of inventory units = [$30,000 + $20,000 + $25,000]

Total Cost of inventory units = [$75,000]

Average price per unit = Total Cost of inventory units / Total inventory units

Average price per unit = $75,000 / 20,000

Average price per unit = $3.75

The total cost of goods sold = 10,000 units sold × $3.75

The total cost of goods sold =  $37,500

3 0
3 years ago
3. The Johnson Company will pay an annual dividend of $2.05 next year. The company has increased its dividend by 3.5% a year for
vlada-n [284]

Answer:

A share of this stock be worth$ 21.88 four years from now

Explanation:

Amount of annual dividend that will be paid the next year = $ 2.05

increase in dividend by 3.5% = \frac{100+3.5}{100} = increase by a factor of 1.035

Since there is a 14% return, overall increase in dividend = \frac{1.035}{0.14 - 0.035} = 9.857

<em>Note:</em>

<em>0.035 was obtained from </em>\frac{3.5}{100}<em>= 0.035 (dividend increase)</em>

<em>0.14 was obtained from </em>\frac{1.4}{100}<em> = 0.14 (percentage return required)</em>

over the next 20 years his new value of dividend will be

New value of dividend = $2.05 + 9.857 = 11.907

Converting to a percentage,

\frac{100+11.907}{100}= 1.1907

Net dividend increase =

Dividend returns minus increase in dividend for 20 years is given as

14% - 3.5% = 10.5%

From the above, the

Worth of a share of his stock 4 years from now can be computed by

(dividend X Percentage increase in 20 years)/ net percent dividend increase  + (increase in 4 years/ net dividend increase) X 100

\frac{(2.05 (1.1907))  }{10.5} + \frac{(2.2729)}{10.5} × 100  =$21.88

∴ A share of this stock be worth$ 21.88 four years from now

4 0
3 years ago
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