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katrin [286]
3 years ago
14

A house is being appraised using the sales comparison approach. The house has three bedrooms, two bathrooms, and a patio. The ap

praiser selects a comparable house that has three bedrooms, 2.5 bathrooms, and no patio. The comparable house just sold for $200,000. A half-bath is valued at $10,000, and a patio at $2,000. Assuming all else is equal, what is the adjusted value of the comparable?
Business
1 answer:
Nadusha1986 [10]3 years ago
4 0

Answer:

$192,000

Explanation:

Data provided in the question:

Value of the house with three bedrooms, 2.5 bathrooms, and no patio = $200,000

Value of half bath = $10,000

Value of patio = $2,000

Now,

The comparable house has 0.5 bath less and 1 patio

Therefore,

While calculating the adjusted value of the comparable value of half bath will be deducted and value of patio will be added

Thus,

The adjusted value of the comparable = $200,000 - $10,000 + $2,000

= $192,000

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A portfolio is composed of two stocks, A and B. Stock A has a standard deviation of return of 35%, while stock B has a standard
Licemer1 [7]

Answer: the options are listed below.

A. 18.45%

B. 17.67%

C. 23%

D. 19.76%

The correct option is D. 19.76%.

Explanation:

σ2p = (0.402)(0.352) + (0.602)(0.15)2 + (2)(0.4)(0.6)(0.35)(0.15)(0.45)

σ2p = 0.039046

σp = 19.76%

5 0
4 years ago
At the beginning of the year, the Finance Committee and the Planning Committee of a certain company each had n members, and no o
Alexus [3.1K]

The ratio of the total number of members who left at the end of the year to the total number of members at the beginning of the year was 1:6.

There were 24 members on the Finance Committee at the beginning of the year.

Explanation:

We are given that at the beginning of the year, the Finance Committee and the Planning Committee of a certain company each had n members, and no one was a member of both committees. At the end of the year, 5 members left the Finance Committee and 3 members left the Planning Committee.

First, we see that the total number of members of both committees at the beginning of the year is 2n. Also, since 5 members left the Finance Committee, the number of members who are on the Finance Committee at the end of the year is n – 5 and since 3 members left the Planning Committee, the number of members who are on the Planning Committee at the end of the year is n – 3.

We need to determine the value of n.

Considering the Statement  in the question

The ratio of the total number of members who left at the end of the year to the total number of members at the beginning of the year was 1:6.

We know that a total of 8 individuals left the committees at the end of the year. Using the information in statement one we can set up the following equation:

(number of members who left)/(members at the beginning)

8/(2n) = 1/6

Cross-multiplying, we obtain:

48 = 2n

24 = n

Thus, there were 24 members on the Finance Committee at the beginning of the year.  

4 0
4 years ago
Suppose Charlene Brewster has times​ (in seconds) of 8.4​, 8.6​, 8.3​, 8.5​, 8.7​, 8.5 and a performance rating of 110​%. The no
const2013 [10]

Answer:

8.5

Faster than Normal

Explanation:

Charlene Brewster normal time for the operation will be calculated by taking average of times.

( 8.4 + 8.6 + 8.3 + 8.5 + 8.7 + 8.5 ) / 6

= 8.5

The normal time will be calculate by dividing the Charlene Brewster time by performance rating

8.5 / 110% = 7.7

The Charlene work performance is rated as faster than the normal time.

7 0
3 years ago
Which accurately explains the difference between the stock market and the currency exchange market?
jolli1 [7]
I would say that the stock market deals with selling and buying shares according to the confidence of the shareholders in say the price of metals and the quality of the companies' assets, whereas for currency exchange, it is based on the exchange rates between currencies and converting one to the other.
5 0
4 years ago
Read 2 more answers
Asset A has an expected return of 20% and a standard deviation of 25%. The risk-free rate is 10%. What is the reward-to-variabil
kvv77 [185]

Answer:

0.4 or 40%

Explanation:

the formula used to calculate the reward variability ratio is:

reward variability ratio = (expected return - risk free rate) / standard deviation = (20% - 10%) / 25% = 10% / 25% = 0.4 = 40%

The reward variability ratio measures the return of a project, stock or investment, adjusted for its variability (standard deviation) compared to the risk free rate.

8 0
3 years ago
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