You have a sampling of returns for the Malta Stock Fund. The returns are 7.25 percent, 5.63 percent, 12.56 percent, and 1.08 percent. What is the mean and variance of this sampling?
A) 6.57 percent; .00287
B) 6.63 percent; .00225
C) 6.65 percent; .00215
D) 6.63 percent; .00287
E) 6.63 percent; .00215
B) 6.63 percent; .00225
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If the present value of $3,000 to be received after a year is $2,795, the annual rate of discount must be
A. 5.65%. B. 7.33%. C. 9%. D. 11.11%.
Evaluation is conducted with qualitative research methods whereas research is conducted with quantitative research methods.
a. True b. False
The first section of the statement of cash flows derives cash flow from _____ activities. The _____ method reports the amounts of cash received from customers less cash disbursed to suppliers, employees, lenders, and taxing authorities
a. operating; direct b. operating; indirect c. investing; direct d. investing; indirect e. financing: direct
The annual percentage yield (APY) is the effective rate of interest that must be disclosed to customers by banks on their savings products as a result of "truth in savings laws."
Indicate whether the statement is true or false