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:
a. 2.13. b. (30.53, 34.79). c. The mean prices for two in mid-range restaurants in Hong Kong are relatively less than those in Tokyo restaurants.
Explanation:
The size of the sample is 42 and the mean of the sample is ∑
= 32.66 and the standard deviation of the sample (σ) is √[∑(
-μ)^2 - 1] = √46.6092 = 6.8271
a. α = 1 - (95/100) = 0.05; α/2 = 0.025; the degree of freedom = n-1 = 42-1 = 41; tα/2 = t0.025 = 2.02. Thus, the error margin = (tα/2)*(σ/√n) = 2.02*(6.83/√42) = 2.1279
b. Lower level limit = 32.66 - 2.1279 = 30.5321; Upper level limit = 32.66+2.1279 = 34.7879. The interval estimate = (mean± margin of error) = (30.53, 34.79).
c. The mean prices for two in mid-range restaurants in Hong Kong are relatively less than those in Tokyo restaurants.
Answer:
political action committee
Explanation:
A political action committee is an organization set up by a political party to gather funds through the contribution and donation from members of the party. The funds collected by the political action committee are used to support the party candidate or campaign against the opposition party candidate. The political action committee is not obligated by law to disclose the identities of donors.
Automated tasks
......................................................................................................................
The country that is being described in the statement given
above is Hong Kong as they are considered as a newly industrializing country in
which they have the capabilities of competing in regards with electronics and
to specialize in the category of trade and banking.
