Stock S is expected to return 12 percent in a boom, 9 percent in a normal economy, and 2 percent in a recession. Stock T is expected to return 4 percent in a boom, 6 percent in a normal economy, and 9 percent in a recession. The probability of a boom is 10 percent while the probability of a recession is 25 percent. What is the standard deviation of a portfolio which is comprised of $4,500 of Stock S and $3,000 of Stock T?
A) 1.4 percent
B) 1.9 percent
C) 2.6 percent
D) 5.7 percent
E) 7.2 percent
A) 1.4 percent
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Norwood, Inc purchased a crane at a cost of $80,000 . The crane has an estimated residual value of $5,000 and an estimated life of 8 years, or 12,500 hours of operation. The crane was purchased on January 1, 2016 and was used 2,700 hours in 2016 and 2,600 hours in 2017. Refer to the information about Norwood, Inc If Norwood uses the units-of-production method, what is the depreciation rate per
hour for the equipment? a. $4.00 b. $5.00 c. $6.00 d. $7.50
Which of the following dimensions refers to the ability to perform the service dependably and accurately?
A) reliability B) responsiveness C) assurance D) empathy
Control over resources is the basis for two critical pieces of the coalition formation process: what each member brings to the coalition and
A. what each member should receive if the coalition forms. B. when local threats are present. C. the network of connections each member brings to the coalition. D. what form of power each member holds.
Shares of treasury stock are
A) issued shares that have been bought back by the corporation and are being held by the corporation. B) shares held by the U.S. Treasury Department. C) part of the total outstanding shares but not part of the total issued shares of a corporation. D) unissued shares that are held by the treasurer of the corporation.