The Explosive Bull Plus Fund seeks daily investment results that correspond to two times (200%) the daily performance of the S&P 500 Index. The expected return on the S&P index is 6%, and the expected return on T-Bills (the risk-free rate) is 2%
If you wanted to build a portfolio out of T-Bills and the S&P index to mimic the performance of the Fund, then what are the portfolio weights of each asset?
A) wS&P = 1 and wT-Bill = 0
B) wS&P = 1.5 and wT-Bill = -0.5
C) wS&P = 1.8 and wT-Bill = -0.8
D) wS&P = 2.5 and wT-Bill = -1.5
E) wS&P = 2.67 and wT-Bill = -1.67
D
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A court is most likely to find a disclaimer of warranty unconscionable:
A. in the case of a conspicuous disclaimer. B. in the case of a personally injured consumer. C. if the plaintiff is a merchant trying to recover for property damage or economic loss. D. if the goods sold "as is" or "with all faults" are sold without any warranties.
Tony, a vice president of the St. Louis One Gateway Credit Union, decided to measure customers' perceptions of the service quality of the credit union
He chose to use the SERVQUAL scale because it included the ________ component, which involves the knowledge and courtesy of employees, as well as their ability to convey trust and confidence. A) empathy B) responsiveness C) assurance D) reliability E) creativity
Wireless Technologies reports sales of $50 million. Accounts receivable at the beginning and end of the year are $5 million and $7 million, respectively. What is the amount of cash received from customers?
A. $50 million. B. $52 million. C. $55 million. D. $48 million.
A product has three distinct layers. The most basic level is the ________, which consists of all the benefits the product will provide for consumers or business customers
A) actual product B) augmented product C) core product D) innovation E) brand