The volatility of a portfolio that is equally invested in Duke Energy and Microsoft is closest to ________
Consider the following expected returns, volatilities, and correlations:
Stock Expected
Return Standard
Deviation Correlation with
Duke Energy Correlation with
Microsoft Correlation with
Wal-Mart
Duke Energy 14% 6% 1.0 -1.0 0.0
Microsoft 44% 24% -1.0 1.0 0.7
Wal-Mart 23% 14% 0.0 0.7 1.0
A) 8.1%
B) 9.0%
C) 10.8%
D) 5.4%
Answer: B
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A) cost to serve B) volume C) customer reach D) return on sales E) retention
According to Young and Rubicam's brand asset valuator, a brand's ________ measures how well the brand is regarded and respected
A) differentiation B) energy C) relevance D) esteem E) knowledge
A corporation is a legal entity created and recognized by federal law.
Answer the following statement true (T) or false (F)
If a firm purchases $1,000 of inventory on credit, this should have the following change on the balance sheet:
A) a $1,000 decrease in inventory and a $1,000 increase in retained earnings. B) a $1,000 increase in inventory and a $1,000 decrease in cash. C) a $1,000 increase in inventory and a $1,000 increase in accounts payable. D) a $1,000 increase in inventory and a $1,000 increase in equity.