The answers is it’s shows a good example D
Answer:
The less the correlation between two variables means the more different their output is.
A.) If Rachel wants to diversify her investment by investing on bonds that do not closely follow the returns on the bond. then she should invest in the stocks with low correlation with bonds. I.e: small cap stocks.
B.) Similarly, due to low correlation, small cap bonds will increase ( comparatively to large cap bonds) as the return on her bonds wil drop and vice versa.
Answer:
Answer:
The total is: $ 1345.5
Step-by-step explanation:
It is given that:
I would like to purchase 20 products at a cost 65.00 per product.
This means that the cost of 20 products will be:
Also, there is a sales tax of 3.5%
This means that a person has to pay a extra 3.5% on the total cost of the items he purchased.
i.e. he need to pay 3/5% on $ 1300
This means that the amount of tax he need to pay is: 3.5% of 1300
= 3.5%×1300
= 0.035×1300
= $ 45.5.
Hence, the total cost is: $ 1300+$ 45.5
This means that the total cost is: $ 134.5
