Suppose you have $10,000 in cash and you decide to borrow another $10,000 at a(n) 6% interest rate to invest in the stock market. You invest the entire $20,000 in an exchange-traded fund (ETF) with a 11% expected return and a 20% volatility
The expected return on your of your investment is closest to ________.
A) 7%
B) 8%
C) 4%
D) 9.1%
Answer: A
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If actual overhead costs are greater than applied overhead, the variance is called overapplied overhead
Indicate whether the statement is true or false
A salesperson can minimize exposure to costly misrepresentation and breach of warranty lawsuits if he/she:
A. thoroughly educates customers before making a sale. B. offers opinions when the customer asks what result a product will accomplish. C. never negotiates. D. avoids win-win sales situations. E. never sells the customer more than he/she wants.
Because culture is not directly observable
A. it is likely to be impossible to comprehend. B. it is best studied through language, since language is closest to culture. C. it is best ignored in foreign sales, to avoid mistakes. D. it is best learned about by observation of how it manifests itself.
A gain on the sale of a plant assets should be included in which of the following sections of a statement of cash flows prepared using the indirect method?
a. Investing activities b. Operating activities c. Financing activities d. Non-cash investing and financing activities e. None of these answers is correct.