Answer:
y = 50 %
Explanation:
As per the data given in the question, computation are as follows:
Expected return = y × expected rate of return for portfolio + (1 - y) × rate of T-bills
By putting the value from the given data in the above formula, we get
0.09 = y×0.12 + (1 - y)×0.06
0.09 = 0.12y + 0.06 - 0.06y
0.03 = 0.06 y
y = 0.50
= 50%
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
Option D
Explanation:
In simple words, moral hazard refers to the situation when an individual do not act with full responsibility due to the fact that any loss from their behavior will be borne by some third party.
Thus, by assessing the employees before employment by a test will help to decide the employer if the individual is worthy of the job or not. Thus, efficient employees will be selected and less mistakes will occur.
Yes I do believe that but not in all men tho some are different
