Allen bought 150 shares of stock at $31.25 per share. Several months later he sold the stock at $25 per share. His broker charges 3% commission for round lots and 4% for odd lots. Calculate the gain or loss on the transaction. (If loss, enclose in parenthesis)
($1,218.75)
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Answer the following related to behavioral research: a. What is the main concern of behavioral research? b. How does behavioral research differ from the decision-model approach? c. What are some of the findings of this research?
What will be an ideal response?
Jared drives his car knowing that the brakes are defective and has an accident in which the car is damaged and he is injured. He will likely be unable to recover from the manufacturer, because he voluntarily assumed the risk of the defective brakes
a. True b. False Indicate whether the statement is true or false
Rogue Recreation, Inc has normally distributed returns with an expected return of 15% and a
standard deviation of 5%, while Lake Tours, Inc has normally distributed returns with an expected return of 15% and a standard deviation of 15%. Which of the following is true? A) Rogue Rec is likely to experience returns larger than those of Lake Tours. B) Rational investors will prefer Lake Tours, Inc. over Rogue Recreation, Inc. C) Lake Tours is more likely to have negative returns than Rogue Rec. D) Lake Tours' investors are not being adequately compensated for relevant risk.
You want to go to Europe 5 years from now, and you can save $3,800 per year, beginning one year from today. You plan to deposit the funds in a mutual fund that you think will return 8.5% per year. Under these conditions, how much would you have just after you make the 5th deposit, 5 years from now?
A. $19,364.12 B. $27,244.86 C. $19,814.45 D. $22,741.58 E. $22,516.42