It's impossible to choose a correct option as you've not attached any of it. Anyway I think that you mean the term which is called <span>APPROVED BUDGET.</span>
Answer:
There is a violation of Uniform State Law because the agent has made an offer to sell an unregistered non-exempt security in that State
Explanation:
The Uniform State Securities Law is also called blue sky law, and they are put in place at the State level to prevent fraud and to enforce security regulation.
This law was set up to handle investments that do not occur at the federal level. These are out of the purview of the SEC so states handle them.
In the given scenario the agent is trying to make a non exempt security exempt by buying it from the client.
This is an attempt to sell the securities to investors through fraudulent means and it is a violation of Uniform State Law
Answer
Hi,
Kenny is likely to have the job profile of a software developer
Explanation
A job profile defines the functions, accountabilities and requirements of a job position. In this case, Kenny is a software developer tasks with designing, installation, testing and maintenance of software systems. In this position, he has to ensure the software properly functions and meets the design standards that were agreed in the planning stages.
Good Luck!
Answer:
31.47%
Explanation:
Total investment = 4000 + 3000 +9000 = $16,000
% of investment in A = 4000/16000 = 25%
% of investment in B = 3000/16000 = 18.75%
% of investment in Asset beta and risk-free asset = 100% - 25% -18.75% = 56.25%
Let the % of investment in asset with beta of 1.74 is A, % of investment in risk free asset is B.
We have the following simultaneous equations:
0.9 = (0.25 x 1.47) + (0.1875 x 0.54) + (A x 1.74) + (B x 0)
A+B = 56.25%
From the first equation, we get A = 24.78%
--> B = 56.25% - 24.78% = 31.47%
*** Note: Portfolio beta is the weighted sum of individual asset betas, according to the proportions of the investments in the portfolio
*** Note: Beta of risk free asset is 0
Answer:
$2,222,222.22
Explanation:
The data provided in the question
Annual scholarship provided = $100,000
Guaranteed rate of return = 4.5%
So by considering the above information, the amount i.e deposited today is
= Annual scholarship provided ÷ Guaranteed rate of return
= $100,000 ÷ 4.50%
= $2,222,222.22
By dividing the annual scholarship by the rate of return we can get the deposited amount
