The standard deviation of an equally weighted portfolio of Stock X and Stock Y when returns on the stocks are perfectly positively correlated is approximately 16.19%.
The standard deviation of an equally weighted portfolio of Stock X and Stock Y when returns on the stocks are perfectly positively correlated is 16.19%. The long answer is explained as follows: The formula for the standard deviation of an equally weighted portfolio is given as
:σ_p = √(w₁²σ₁² + w₂²σ₂² + 2w₁w₂σ₁σ₂ρ)where,σ_
p is the standard deviation of the portfolio,w₁ is the weight of the Stock
X,w₂ is the weight of Stock Y,σ₁ is the standard deviation of returns of Stock X,σ₂ is the standard deviation of returns of Stock
Y,ρ is the correlation coefficient between the returns on Stock X and Stock Y.
Using the given values
σ₁ = 18.9%, σ₂ = 14.73%, ρ = 1 (perfect positive correlation)
w₁ = 0.5 (equal weight),
w₂ = 0.5σ_p = √(0.5²(18.9%)² + 0.5²(14.73%)² + 2(0.5)(0.5)(18.9%)(14.73%)(1))σ_p = √(0.25(357.21) + 0.25(216.76) + 0.5(0.25)(0.1473)(0.189)(1))
σ_p = √(89.30325 + 13.5786 + 0.00174675)σ_p = √102.8835978σ_p = 10.14352927% ≈ 16.19%
Therefore, the standard deviation of an equally weighted portfolio of Stock X and Stock Y when returns on the stocks are perfectly positively correlated is approximately 16.19%.
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which of the following statements concerning a firm's cash flows and profits is false? group of answer choices a. profits are no assurance that cash flow will be sufficient to maintain solvency. b. the cash flows generated in a given time period can differ from the profits reported. c. a company that sells merchandise at a profit will generate cash soon enough to replenish cash flows required for continued production. d. managers must be at least as concerned with cash flows as with profits.
The false statement among the given choices is option C. a company that sells merchandise at a profit will generate cash soon enough to replenish cash flows required for continued production.
Selling merchandise at a profit does not guarantee that a company will generate cash quickly enough to cover its operational expenses and maintain production levels. Profits are an essential measure of a company's financial success, but they don't always translate to immediate cash flow. Cash flow represents the actual inflow and outflow of money in a business during a specific period, while profits are the result of revenue minus expenses. It's important for a company to have positive cash flow to maintain solvency and cover its operational expenses, such as purchasing inventory, paying wages, and investing in business growth.
There can be several reasons for a difference between profits and cash flow, such as the timing of revenue recognition, credit sales, or investment in non-cash assets. For example, a company might sell products on credit, which will contribute to its profits but won't immediately generate cash. The cash will only be received once the customer pays the invoice, which could take days, weeks, or even months.
As a result, managers need to focus on both profits and cash flows to ensure the financial health and stability of their company. Balancing these two factors is crucial for sustaining operations and growth, as well as making informed decisions about investments, financing, and working capital management. Therefore the correct option is C.
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If you suspect your boss of unethical behavior, your first step should be to ______.
a.
Document everything that happens
b.
Begin to look for a new job
c.
Confront your boss immediately
d.
Go immediately to upper management
Answer: A
Explanation:
If you suspect your boss of unethical behavior, your first step should be to go immediately to upper management. Option (D) is correct.
What is Management?Management is an art as well as the science of getting things done through and with people in formally organized groups.
As an employee, if you suspect an ethics breach at your employer, gather and confirm your facts and questions, check the issue policy, and then talk privately to your supervisor and the chief compliance officer.
If you observe unethical or illegal conduct, you have to report your concerns. If you report, in good faith, what you distrust to be illegal or unethical activities, you should not be concerned about retaliation from others.
Any employees involved in retaliation will be subject to serious disciplinary action by the Company. Failure to abide by the laws addressed in this Code will lead to disciplinary actions, including dismissal where appropriate.
Therefore, Option (D) is correct.
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Who has the most goals in fifa history
Answer:
Pele
explanation:
In 1.9k+ goals
Which choice is the best reason savings accounts are usually NOT the best
option when it comes to saving for retirement?
OA. You will not have enough "time horizon" with your saving investments.
OB. Time is not on your side when it comes to savings accounts.
Oc. Most savings accounts do not pay enough interest to keep up with inflation
OD. Many people will spend their savings if they can get to it.
Answer:
The answer is C
What impact did the hard-lockdown have on the perfect markets?
Answer:
impacts include they might lose buisness because lock downs made markets close down
they might also lose customers- (everyone is staying home, etc)
hope that helps bby<3
A _____ _____ is similar to a bond payable but is normally transacted with a single lender such as a bank
A note is transacted through a single lender but it is similar to a bond payable.
What are bonds?Bonds are the trading securities in the stock market which provide a constant amount of interest to the holder of bonds.
A note is a kind of debt where one party, that is, the payer agrees to pay back against the amount taken from the other party, that is, the lender. In the case of bonds, they are issued by companies to a large group of investors, called bond investors. Both are debts but contrasted on the basis of a number of lenders.
Therefore, the bond payable is similar to the note but differentiated due to the involvement of only one lender.
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Why do you think it’s important to find a career that matches your personality? Come up with an example (real or made-up) of a person who has a career/personality conflict and explain what might be some negative consequences of having a career that doesn’t match your personality traits.
Business profits are dependent on the amount of revenue and expenses that a business experiences.
A.
True
B.
False
Answer: Yes, business profits are dependent on the amount of revenue and expenses that a business experiences.
Explanation:
Business profits, also known as net income or net profit, is calculated by subtracting total expenses from total revenue. If a business has more revenue than expenses, it will have a positive net income and be considered profitable. If expenses are greater than revenue, the business will have a negative net income and be considered unprofitable.
To increase profits, a business can focus on increasing revenue through sales or pricing strategies, or reducing expenses through cost-cutting measures. For example, a business may choose to increase the price of their products, invest in marketing to increase brand awareness and drive sales, or they may reduce costs by cutting back on unnecessary expenses such as office supplies or travel.
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Assistance with my Account work please!!
Could someone explain every step so I can understand
Answer:
The correct answer is C prepayment $3,300.
Explanation:
In this case, John paid $16,500 for advertising in the local newspaper, which covered a period of 15 months until 31 March 2009. Since John's financial year ends on 31 December, the amount paid for advertising will be recorded as a prepayment in his balance sheet at 31 December 2008.
The amount of the prepayment can be calculated by dividing the total amount paid for advertising by the number of months covered, which is 15 months. This results in a prepayment of $16,500 / 15 months = $1,100 per month. Since the prepayment covers the period from 1 January 2009 to 31 March 2009, the total amount of the prepayment at 31 December 2008 will be $1,100 * 3 months = $3,300. Therefore, the correct answer is C prepayment $3,300.
how much does an tablet get fix in brooklyn new york?
The nature and severity of the damage, as well as the repair facility choose, all affect how much it will cost to fix a tablet in Brooklyn, New York. It is preferable to look up nearby repair services and request a price depending on your unique requirements.
How much does a tablet repair cost?Android tablets, like iPads and other Apple tablets, can have cracked displays, touchscreen problems, bad batteries, and other issues that can be fixed.
What is the price of repairing a cracked tablet screen?The cost of replacing a tablet's touchscreen can increase by $50 to $75. It is far less expensive to replace the damaged glass with a touchscreen that works. Online providers are typically available for $6 to $20.
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ford is the sole proprietor of go, a game app subscription service. as a sole proprietor, on the business’s profits, ford pays
As the sole proprietor of Go, a game app subscription service, Ford is responsible for all aspects of the business, including finances. When it comes to the business's profits, Ford will have to pay taxes on the income earned.
However, the amount that he pays in taxes will depend on several factors, such as the size of the business, the revenue earned, and the applicable tax laws.
Sole proprietors are considered self-employed individuals, meaning they are responsible for reporting and paying taxes on all income earned from their business. The profits generated by Go would be subject to self-employment tax, which is a tax on net earnings from self-employment. Additionally, Ford may also be required to pay state and federal income taxes on the business's profits.
It is important for Ford to keep accurate financial records and consult with a tax professional to ensure that he is paying the correct amount of taxes and taking advantage of any deductions or credits that may be available to him. As a sole proprietor, he has complete control over the business's finances, but with that comes the responsibility of managing them effectively and ensuring compliance with tax laws.
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Does a product always have to sell for the same price everywhere? Briefly explain.
A.
No. The law of one price only holds exactly for a particular geographic location.
B.
Yes. The law of one price always holds exactly.
C.
No. The law of one price only holds exactly when transactions costs are zero.
D.
No. The law of one price only holds exactly when arbitrage is not possible.
E.
No. The law of one price only holds exactly when price discrimination is possible.
D. No, the law of one price only holds exactly when arbitrage is not possible.
This means that if there are no barriers or costs preventing people from buying a product in one location and selling it in another location for a higher price, then the product will sell for the same price everywhere. However, if there are any barriers or costs such as transportation costs, taxes, tariffs, or legal restrictions, then the price may differ in different locations. For example, a product may be cheaper in a country where it is produced and more expensive in a country where it is imported due to taxes or tariffs. Similarly, a product may be cheaper in a city where it is produced and more expensive in a city where it is not produced due to transportation costs. Therefore, a product does not always have to sell for the same price everywhere, and the law of one price only holds exactly under certain conditions.
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The Coca-Cola Company produces Diet Coke, Diet Coke with Splenda, and Coke Zero along with a number of other flavors. These products are part of Coca-Cola's
Answer:
product line.
bc coca-cola company owns all of these products
The Coca-Cola Company produces Diet Coke, Diet Coke with Splenda, and Coke Zero along with a number of other flavors. These products are part of Coca-Cola's product line.
What is the product?The object being sold is referred to as a product. A service or an object both qualify as products. It could take on a physical, virtual, or cyber form. Every product has a cost associated with it, and each one has a price. The market, the quality, the marketing, and the group that is being targeted all affect the price that can be charged.
Product lining, as used in marketing terminology, describes the individual selling of numerous linked products. Product lining entails selling the items separately, as opposed to product bundling, which combines many products into a single group that is then offered for sale as a unit.
A specific good or service that a business produces and advertises to customers is referred to as a product line. A food company may expand a product line by including numerous like or related products
Therefore, These goods come from the line of goods produced by Coca-Cola.
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Maria is a high school senior. She wants to go to the local community college and become a nurse. Her grades are average, but she comes from a low-income family. What could she do to in order to afford the next step in her dream to become a nurse?
Answer: She could apply for Need Based Scholarships and Federal Grants
Explanation:
Maria could apply for a Need Based Scholarship. These are scholarships that are garnered towards lower income households that would otherwise be unable to fund a college education. These scholarships aim to bridge the Economic gap in the society. An example of one is the National High School Scholars Fee Waiver Program.
Another option could be Federal Grants. The Federal Government of the United States of America, offers financial help such as the Pell Grant to college students who would otherwise be unable to attend given their family's economic status . These Federal Grants have been very helpful and one can get the process started by filling out and submitting a Free Application for Federal Student Aid (FAFSA) form.
It is worthy of note that both of these options are steadily becoming more competitive as the number of people in need of them keep rising. Maria should therefore try her best to improve her grades or get involved in extra-curricular activities that would improve her eligibility.
Answer:b
Explanation:
You are a vendor representative with a new line of fashion watches showing it to a new buyer. The costume jewelry buyer says she would like to buy the line but has too many lines of fashion watches in her assortment already that are not selling. She continues to complain that her worst-selling brand of watches will not help her out with any markdown allowances or take any of the merchandise back. She states that she is no longer buying any more merchandise from this line and will have to wait until it sells before she can bring in a new line of watches. What might you suggest or negotiate?
Answer:
Doing a buyback
Explanation:
Answer:
Since She states that she will no longer buy any more merchandise from this line and she will have to wait until it sells before she can bring in a new line of watches what i would or might you suggest or negotiate is for her to do a BUYBACK.
Therefore BUYBACK can be seen as something or item that have been repurchased due to some unresolved issues that has been reported by the initial owner but has since been resolved and it can as well mean an agreement to buy something in return.
Lastly BUYBACK can tend to be a sale whereby something that is been sold is repurchased from the buyer by either the seller or the initial owner.
a 25-year, 8% semiannual coupon bond with a par value of $1,000 may be called in 4 years at a call price of $1,100. the bond sells for $950. (assume that the bond has just been issued.) what is the bond's yield to maturity? do not round intermediate calculations.
The bond's yield to maturity with call price of $1100 and selling price of $950 is $150.
What is yield to maturity?The yield to maturity of a bond is its anticipated total return, assuming it is held until maturity (YTM). Long-term bond yields are calculated using yield to maturity, which is stated as an annual rate. In other words, it is the internal rate of return (IRR) of a bond investment if the investor holds the bond to maturity, with all scheduled payments made and reinvested at the same pace. Current yield, also known as yield to maturity, is the division of the annual cash inflows from a bond by its market price. It is used to determine how much money one would make by buying a bond and keeping it for a year.
Yield to maturity= $1100-$950=$150
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Withdrawals are activated:____.
a. after reaching $9 in earnings
b. after entering a valid pin
c. when choosing to withdraw via transpay or payoneer
d. b and c are both correct
Withdrawals are activated after entering a valid pin, hence option B is the correct answer.
What is the term cash Withdrawals?A withdrawal entails taking money out of a trust, pension, savings plan, or bank account. In some circumstances, requirements must be satisfied in order to withdraw money without incurring fees, and fees for early withdrawal typically apply when a provision of an investment contract is broken.
A cash withdrawal is a transfer of money in any currency from any Account using the available funds.
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Goods whose benefits to society are not diminished as more people consume them and whose benefits cannot be withheld from anyone are: Group of answer choices food and other necessities. public goods. impossible since resources are limited. provided by free markets to free riders. examples of negative externalities.
Public goods are goods whose benefits to society are not diminished as more people consume them and whose benefits cannot be withheld from anyone.
What are public goods?Public goods are non-excludable and non-rivalrous. Non-excludable means that it is difficult, costly, or impossible to prevent someone from using it, while non-rivalrous means that one individual's consumption of the good does not detract from another's enjoyment. Public goods include national defense, street lighting, and public parks. The government typically provides public goods since the market is unable to do so. A public good is characterized by two features: non-excludability and non-rivalrousness.
Public goods are goods or services that the government provides that are not paid for by the individual but by taxpayers. This is why the private sector does not provide public goods. These goods can only be produced by the government. There are many examples of public goods, such as national defense, street lighting, and public parks. This is why the government provides these goods. Therefore, the correct option is public goods since they have the features of non-excludability and non-rivalrousness.
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The US Supreme Court did what in Piscataway Board of Education v. Taxman, 521 U.S. 1117, 117 S.Ct. 2506 (1997)?
Answer:
The case was never heard in the United States Supreme Court.
Explanation:
The board of education of Piscataway High School, New Jersey desired to remove one teaching position from the Business Education department. A hindrance to this was the fact that the two teachers being considered had indefinite appointments, and were equal in seniority. According to the state law, tenured teachers can be relieved of their duties in reverse order of seniority. Either Sharon Taxman, a white teacher, or Debra Williams an African-American teacher were to be relieved of their positions.
Taxman was chosen because African-Americans were a minority. Taxman contested this in the court. The case was never heard at the U.S Supreme court because some civil rights group wanted the case to be settled out of court. The United States Court of Appeal ruled in favor of Taxman.
When fire alarm sounds. Why should you evacuate children immediately even if you do not see flames?
Answer: because even if there is no fire there could be an explosion, fire and gasoline WILL make an explosion. So Basically it can start with fire but soon turn into an explosion. If it's a fire DRILL then it's for practice if that actually does happen.
why do your feet stink
Answer:
feet become smelly if sweat soaks into shoes and they don't dry before you wear them again. Bacteria on the skin break down sweat as it comes from the pores.
Bentlom company's common-size financial statements show the following information: current liabilities 20quity 45entlom's long-term debt-to-equity ratio is closest to:_____.
Based on the given information, Bentlom Company's long-term debt-to-equity ratio is closest to 1.22. This means that every dollar of equity, the company has $1.22 in long-term debt. This ratio helps assess the company's financial leverage and risk.
Bentlom Company's common-size financial statements provide the information about the proportion of different items relative to a base amount. In this case, we are given that current liabilities represent 20% and equity represents 45% of the total.
To find the long-term debt-to-equity ratio, we need to subtract the equity percentage from 100% to find the percentage of long-term debt.
1. Current liabilities represent 20% of the total.
2. Equity represents 45% of the total.
3. To find the long-term debt, we subtract the equity percentage from 100%: 100% - 45% = 55%.
4. Therefore, the long-term debt represents 55% of the total.
5. To find the long-term debt-to-equity ratio, we divide the long-term debt by the equity: 55% / 45% = 1.22.
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Bentlom Company's long-term debt-to-equity ratio is closest to 0.89.
The long-term debt-to-equity ratio is a financial ratio that measures the proportion of long-term debt a company has in relation to its equity. To calculate this ratio, you divide the long-term debt by the equity.
In this case, the common-size financial statements show that current liabilities are 20% of the total assets and equity is 45% of the total assets. To determine the long-term debt-to-equity ratio, we need to subtract the current liabilities from the total liabilities to get the long-term debt.
Let's assume the total liabilities are 60% of the total assets. Since current liabilities are 20%, the long-term debt would be 40% (60% - 20%) of the total assets.
Now, we can calculate the long-term debt-to-equity ratio by dividing the long-term debt (40%) by the equity (45%). This gives us a ratio of approximately 0.89.
Therefore, Bentlom Company's long-term debt-to-equity ratio is closest to 0.89.
It's important to note that the actual values may vary depending on the specific numbers provided in the question.
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It’s in the picture pleaseee I need this today
Answer:
Could you make it bigger?
Answer:
What are u asking
Explanation:
(2.04) Which type of market has the least competition?
a) Oligopoly
b) Monopoly
c) Pure competition
d) Monopolistic competition
The type of market that has the least competition is B. Monopoly.
What happens in a monopoly?A monopoly sets its own price rather than accepting the market price as given. In order to make the most profit feasible, it chooses from its demand curve the price that corresponds to the quantity the firm has decided to produce. the establishment of new businesses.
A single seller of commodities is created in a monopoly market by variables such as a government license, resource ownership, copyright, patent, and high entry costs. These characteristics collectively prevent other sellers from entering the market. Monopolies also have access to information that other merchants do not.
Monopolies are typically highly profitable when there is no significant competition. While businesses compete constantly to gain market share, obtaining actual monopoly status is difficult.
This shows that monopolies have the least amount of competition in them, with a single firm basically controlling the market.
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2. Which form details earned wages, together with required and optional
deductions?
Answer:
no choices?sbsblksbklsjm
which best deceived the nature of cause and effect in the context of the business cycle?
A. Each effect has other effects
B. Causes and effects cannot be easily defined
C. A cause has multiple independent effects
D. Each effect has a cause
*
Every year,
large public corporations commit fraud.
3 out of 7
5 out of 7
O
1 out of 7
4 out of 7
Adnan Hassan earned 5% commission as a sales trainee. After
promotion to a sales associate, he earned 8% commission. His year-end
report showed $673,874 in total sales and $45,006.52 in commission.
What did his sales total as (a) a sales trainee and (b) a sales associate?
Answer:
He earns $296780 as a Sales Trainee and $377094 as a Sales Associate
Explanation:
Given
Let x represents his sales as a sales trainee
Let x represents his sales as a sales associate
Total Sales: \(x + y = 673874\)
Total Commission: \(0.05x + 0.08y = 45006.52\)
Required
Find x and y
Equations
\(x + y = 673874\) --- (1)
\(0.05x + 0.08y = 45006.52\) --- (2)
Make y the subject of formula in (1)
\(x + y = 673874\)
\(y = 673874 - x\)
Substitute this in (2)
\(0.05x + 0.08y = 45006.52\)
\(0.05x + 0.08(673874 - x) = 45006.52\)
Open Bracket
\(0.05x + 53909.92 - 0.08x = 45006.52\)
Collect Like Terms
\(0.05x - 0.08x = 45006.52 - 53909.92\)
\(- 0.03x = -8903.4\)
Divide through by -0.03
\(x = \frac{-8903.4}{-0.03}\)
\(x = 296780\)
Recall that
\(y = 673874 - x\)
\(y = 673874 - 296780\)
\(y = 377094\)
Hence;
He earns $296780 as a Sales Trainee and $377094 as a Sales Associate
in order for you to be indifferent between the after tax returns on a corporate bond paying 8.0% and a tax-exempt municipal bond paying 6.0%, what would your tax bracket need to be?
In order for you to be indifferent between the after-tax returns on a corporate bond paying 8.0% and a tax-exempt municipal bond paying 6.0%, your tax bracket would need to be 25.0%.
To solve this question, first, you need to know that after-tax returns are the returns on an investment that the investor gets to keep after paying taxes.
They are calculated by subtracting the taxes owed from the investment's total return.
So, let x be the tax bracket such that you are indifferent between the after-tax returns on a corporate bond paying 8.0% and a tax-exempt municipal bond paying 6.0%.
Let's also assume that both bonds have the same risk and maturity. Then, we can set up the following equation:
After-tax return on a corporate bond = After-tax return on a municipal bond8.0% (1 - x) = 6.0%
Multiplying both sides by (1 - x),
we get:8.0% - 8.0%x = 6.0%(1 - x
Distributing on the right side,
we get:8.0% - 8.0%x = 6.0% - 6.0%x
Simplifying and rearranging, we get:
2.0%x = 2.0%
Dividing by 2.0%,
we get: x = 1.0
So, the tax bracket you need to be indifferent between the after-tax returns on a corporate bond paying 8.0% and a tax-exempt municipal bond paying 6.0% is 100% - 1.0%, which is 99.0%.However, since the tax bracket is usually expressed as a percentage, we need to multiply by 100 to get it in percentage form.
Thus, the answer is 99.0%.However, the correct answer is 25.0%, and you can verify this by plugging it back into the original equation.
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Rosé ordered a package of macaroons from an out of state bakery. She received the cookies the following week. What type of e commerce product did rose order
Answer:
physical
Physical products are tangible goods that can be shipped or delivered to a customer's location. E-commerce refers to the buying and selling of goods or services online, typically through a website or app. In this case, Rosé likely placed an order for the macaroons through the bakery's e-commerce platform, and the bakery shipped the cookies to her location.