Answer: B
Step-by-step explanation:
Answer:
The main answer: $4.84
Step-by-step explanation:
County A: Multiply the price by the sales tax to find out how much money the sales tax will add. Remember to convert percent to decimal!
$75 * 0.0725 = $5.4375
Add the original price and the sales tax.
$75 + $5.4375 = $80.4375
County B: Multiply the price by the sales tax to find out how much money the sales tax will add. Remember to convert percent to decimal!
$70 * 0.08 = $5.6
Add the original price and the sales tax.
$70 + $5.6 = $75.6
Then take the difference.
80.4375 – 75.6 = 4.8375
Round to the nearest hundredth: $4.84
Answer:
a. 30 percent.
Step-by-step explanation:
Given that:
The standard deviation of returns = 20 percent
Beta = 1.5
Beta=Standard deviation of portfolio × correlation/Standard deviation of market × Correlation
Since Correlation with the market will be +1;
Then;
The Standard deviation of portfolio = 1.5 × 20%
The Standard deviation of portfolio = 30.00%