Arnold borrowed $7890 at 11. 5 percent for five years. What is his monthly payment?.

You hold a portfolio consisting of a $5,000 investment in each of 20 different stocks. The portfolio beta is equal to 1.12. You

bija089 [108]

Answer:

The new beta of the portfolio 1.17

Explanation:

Portfolio beta is sum of weighted beta of all stocks consisting of it.

Portfolio beta = 1.12

Weight of each portfolio = 5,000

All weight or Amount = 5,000 * 20 = 100,000

Weight of one stock = 5,000 / 100,000 = 0.05

Foregone beta or beta of sold stock = 1

Acquired beta or beta of purchased stock = 2

Weight of both are same = 0.05

New beta = Portfolio beta - (foregone beta * weight) + (Acquired beta * weight)

New beta = 1.12 - (1 * 0.05) + (2 * 0.05)

New beta = 1.12 - 0.05 + 0.1

New beta = 1.17

So New portfolio beta is 1.17

6 0

3 years ago

Bank Reconciliation and Entries The cash account for Stone Systems at July 31, 20Y5, indicated a balance of $12,270. The bank st

prohojiy [21]

Answer: Please see below for the reconciliation of bank and book balance for Stone systems as $15,310

Explanation:

Bank Reconciliation Statement for July 31 , 20Y5 for Stone Systems

Particulars Amount

Balance on bank statement $15,440

Additions:

Outstanding Deposits $5,790

Deductions:

Outstanding checks $5,560

Bank Error (400-40) $360

Adjusted bank balance $15,310

Balance in books $12,270.

Additions:

Note Collection plus interest $3,010

Incorrect recording of check

($880-$800) $80

Deductions

Bank Service charges $50

Adjusted book balance $15,310

5 0

3 years ago

On late-night TV, you see an infomercial claiming that the price of the product has been slashed for a special offer and now inc

SSSSS [86.1K]

The answer is that’s-not-all

3 0

3 years ago

A(n) _____ force represents the influences and trends originating in the human relationships of a society that may affect indust

makkiz [27]

Answer: sociocultural

Explanation:

got the answer

3 0

2 years ago

Certain requirements apply to the retention of email communications by Investment Advisers under the Investment Advisers Act of

Juliette [100K]

Answer:

B. Business Related Emails are required to be maintained as correspondence

Explanation:

In the Investment Advisers Act of 1940, Rule 204-2, Advisers are required by regulation to keep various kinds of books records, therefore any email that falls into one of such kinds should be kept the way books and other physical records will be kept.

For instance, the Act of 1940 states that all originals of communications should be kept, these include those sent to and received from brokers, members, and dealers relating to the business.

It futher states that firms should maintain accounts, books, memoranda and correspondence that relate to the business.

As such, since email communications by Investment Advisers are termed as business related correspondence, they fall under the category of correspondence records that should be mainted by nvestement Advisers.

6 0

3 years ago