A portfolio manager has maintained an actively managed portfolio with a beta of 0.2. During the last year the risk-free rate was 5% and equities performed very badly providing a return of −30%. The portfolio manage produced a return of −10% and claims that in the circumstances it was good.

Answers

Answer 1

Answer: See explanation

Explanation:

The formula to use here will be:

required rate = risk free rate + beta × (market return - risk free rate).

where,

risk free rate = 5%

beta =0.20.

market return = -30%.

Therefore,

required return = 5% + 0.20 × (-30% + -5%)

= 5% + 0.2(-35%)

= 5% - 7%

= -2%

Therefore, the return on portfolio should have been -2% but the portfolio manager produced a return of −10%

Since -10% is lower than -2%, we can deduce that the claim of the manager is wrong.


Related Questions

What are some benefits of paying taxes? Check all that apply.

ensuring that the needs of the nation are fulfilled
paying for public works such as highways and museums
reducing the amount of money consumers can spend
slowing growth in the economy
paying for government programs that help citizens

Answers

Answer:

A,B,E

Explanation:

got it right on test

Answer:

a b e

Explanation:

right on edge

To develop the main points for a speech on a question of value, you should ask
a а "How do you know?"
b. "Why is this good or bad?"
С "Why is true?"
d "How is this better than what we have now?"

Answers

Answer: B

Explanation:

an author can register his or her copyright application with the

Answers

Answer:

You can submit a copyright application through www.copyright.gov or through a paper application.  I think answer would be registration record

Explanation:

Answer:

US Copyright Office

Explanation:

Dove and Eagle formed a business entity in which they are equal owners. Dove contributed cash of $100,000, and Eagle contributed land with a basis of $40,000 and fair market value of $100,000. For its first year of operations, the entity had taxable income of $60,000 and made no distributions. At year end it had outstanding recourse liabilities to third parties of $10,000. Eagle had a basis of $70,000 in the entity at the end of the first year of operations. What type of entity was formed

Answers

Answer:

S corporation

Explanation:

In the given case, The eagle basis at the closing of the year is 70,000 i.e. $40,000 + $30,000 (50% of $60,000)

In the case when the entity was a general partnership so 50% of $10,000 i.e. $5,000 would be added to the basis of Eagle

So here the type of entity that was formed is S corporation

The same is relevant

Suppose a company decides to lay off 150 workers to increase share values as a result some interested parties would benefit while others would suffer this scenario demonstrates the concerns with the _____ theory of social responsibility.


A. Maximizing profits
B. Stakeholder interest
C. Corporate citizenship
D. Moral minimum

Answers

Answer:

Corporate citizenship

The answer would be B because I found it on another site

What is the purpose of a food safety management system?

Answers

Answer:

To control food safety hazards within a food business in order to make sure that food is safe to eat.

Explanation:

describe how net profit of a business is calculated?​

Answers

Answer:

u must work out the total cost and variable cost and add them up, then you must count all your sales and figure out ur revenue. then u do ur total revenue minus ur total costs

mark as brainliest

The formula to calculate profit is: Total Revenue - Total Expenses = Profit. Profit is determined by subtracting direct and indirect costs from all sales earned. Direct costs can include purchases like materials and staff wages. Indirect costs are also called overhead costs, like rent and utilities.

For businesses, profit is often calculated by profit margin formula:follow me nice business

The ability to reason well is necessary for modern workers because __________.
a.
Communication with other workers will be difficult
b.
Creativity is not valued in the modern workplace
c.
They will often have to solve problems with limited information
d.
Most problems will be straight-forward and easy to solve

Answers

Answer:

C. Or D.

Explanation:

Most Work problems are easy to solve depending on what is the cause of the situation. If you don't have the nesassary Resourses to solve that problem you must find out a way to work out that problem without what you need sometimes.

Answer: it’s C just took the Ed test

Explanation:

gives 2 examples of an advocacy campaign and discusses two ways it can create awareness

Answers

Two examples of an advocacy campaign:

Earth hours - This campaign was started in Australia to promote and protect the environment. ...

Sweetie - This campaign was directed to tackle the sexual exploitation problem and global child trafficking, through a computer-generated child called sweetie.

It uses a creative and unique technique to get people's attention.

An advocacy campaign may include volunteering for a non profit organization working to bring awareness to global poverty and organizing public lectures on HIV/AIDS disease

What is raising an awareness and How to raise awareness

Raising of awareness is the process of educating a group of people about a topic or issue so that they can develop a positive attitudes and behavior.

Advocacy campaigns are organized movements that involve creating awareness on political issues at the local, state, or national level. Example is:

Volunteering for a non profit organization working to bring awareness to global poverty.Organizing public lectures on HIV/AIDS disease.

Volunteering is for the betterment of the community.

Find out more on raising awareness at: https://brainly.com/question/17248785

You are an HR consultant. Which of the following would likely be one of your suggestions for measuring the effectiveness and success of a company's recruitment plan?​

Answers

Answer:

Access the results of variius recruitment strategies used.

Answer:the person who commented the answers is wrong its

Explanation:

1.d

2b

3c

4a

5b

6d

7c

8b

9a

10a

Suppose the government wanted to regulate this market using a price-based instrument. What is the efficient level of a tax on emissions?

Answers

Answer:

Tax = Marginal External Damage

Explanation:

When a negative externality distorts market outcome, we often see that a government intervention is needed. We must incorporate the negative externality into the private decision of the producer. That is to say that we add marginal damage caused by the externality to the marginal private cost of production. The social outcome will be at the point where marginal social cost (MSC) is equal to Marginal private benefit (MPB).

Thus, the efficient level of tax on emission is set equal to the marginal external damage.

Tax = t  = MED

MSC = MPC + MED

        = MPC + t

The Acmeville Metropolitan Bus Service currently charges $0.99 for an all-day ticket, and has an average of 588 riders a day. The bus company is not earning a profit, but according to their contract with the city, they cannot cut the number of buses on the road. They must therefore find a way to increase revenues. The bus company is considering increasing the ticket price to $ 1.1 . The marketing department's studies indicate this price increase would reduce usage to 337 riders per day. Calculate the absolute value of the price elasticity of demand for bus tickets using the simple percentage change method. Round your answer to one decimal place.

Answers

Answer:

-3.88 or 3.88

Explanation:

Calculation to determine the absolute value of the price elasticity of demand

Using this formula

Price elasticity of Demand = % change in quantity demanded / % change in price

Price elasticity of Demand =%∆QD / %∆P

Let plug in the formula

Price elasticity of Demand= (( 337 - 588 )/( 1.1- 0.99)) * ( 0.99 / 588 )

Price elasticity of Demand= (-251 / 0.11) * ( 0.0017)

Price elasticity of Demand= -22,81.8181 * 0.0017

Price elasticity of Demand= -3.88 or 3.88 ( absolute value)

Therefore the absolute value of the price elasticity of demand will be -3.88 or 3.88

Fiscal policy is likely to fail to correct stagflation in an economy because _____ a. it affects aggregate supply only, but only aggregate demand needs to be changed. b. it affects aggregate demand only, but aggregate supply also needs to changed. c. it affects both the aggregate demand and supply, but only aggregate demand needs to be changed. d. it affects both the aggregate demand and supply, but only aggregate supply needs to be changed. e. it affects either aggregate demand or aggregate supply, but both need to be changed simultaneously.

Answers

Answer:

b. it affects aggregate demand only, but aggregate supply also needs to be changed.

Explanation:

Fiscal policy in economics refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.

A fiscal policy affects combined demand through changes in government policies, spending and taxation which eventually impacts employment and standard of living plus consumer spending and investment.

Inflation can be defined as the persistent general rise in the price of goods and services in an economy at a specific period of time.

Generally, inflation usually causes the value of money to fall and as a result, it imposes more cost on an economy.

Fiscal policy is likely to fail to correct stagflation in an economy because it affects aggregate demand only, but aggregate supply also needs to be changed.

Jena is a full-time undergraduate student at State University and qualifies as a dependent of her parents. Her only source of income is a $10,000 athletic scholarship ($1,000, books; $5,500, tuition; $500, student activity fee; and $3,000, room and board). Jena's gross income for the year is: a.$3,000. b.$4,000. c.$500. d.$10,000.

Answers

A. 3,000 that’s your answer

What is the name for the process that marketers use to plan, develop, execute, and evaluate coordinated, measurable, persuasive brand communication programs over time to target audiences?

Answers

Answer:

Integrated Marketing Communication

Explanation:

As the name implies, the concept of integrated marketing communication is aimed at leveraging the power that comes with the synergy between different marketing and communication tools and services such as consistent and repetitive advert placement, sales and promotional offers, coordinated and friendly marketing campaigns, and son on, all these carefully and strategically tailored towards the gradual and steady capture of a specific target audience over a certain period of time. These integrated marketing strategy or procedure is aimed towards such audience so that it would cover all aspects of the consumers wants in other to ultimately impact their deciak making and adoption of the product or services.

When government is trying to raise tax revenue, it sometimes attempts to target higher-income people because they are in a better position to bear the burden of a tax. However, it can be very difficult to earn tax revenue from wealthy people. Consider the progressive nature of the U.S. federal income tax system: It's designed so that higher incomes are taxed at higher tax rates. Thinking about the elasticity of labor supply, why might it be more difficult to collect tax revenue from a wealthy individual than from a poor person, all else equal

Answers

Answer: The labor supply curve for a wealthy individual is usually more elastic than a poor person's labor supply curve

Explanation:

Tax could be described as individuals paying a particular percentage of their income and whatever they use then pay to the government. The aim of the tax being collected is to generate funds internally which could be used in maintaining the economy.

Despite the government attempts to make tax be one-sided, it yields little or no result in favour of the poor as they end up being well tax as same as the rich. Those who are poor make use of services regularly, and most societies have them than those who are already established. The labor supply curve for a wealthy individual is usually more elastic than a poor person's labor supply curve. We would realize that we have more poor people in labour than those who are rich.

You are a struggling song writer. You hear a group on the radio singing a song
that you wrote with a friend who is now managing the band. You want to
make sure you are not cheated out of your creative work. You have tried to
talk to the band but they won't respond. What writ would effectively stop the
band from earning income on that song until the problem is remedied?
A. A mandatory injunction
O B. A permanent injunction
O C. A restraining order
O D. Punitive damages
My

Answers

Answer:

did you copyright the song because i think you cant do nothing to the band being manage b your best friend will

Explanation:

Answer:

B. A permanent injunctionExplanation:

Computer equipment was acquired at the beginning of the year at a cost of $66,600 that has an estimated residual value of $4,100 and an estimated useful life of five years. Determine the (a) depreciable cost, (b) straight-line rate, and (c) annual straight-line depreciation.

Answers

Answer:

Depreciable cost = Cost of equipment - residual value

Depreciable cost = 66,600 - 4,400

                             = $2,200

Annual depreciation = cost - residual value / useful life

Annual depreciation = 66,600 - 4,400 / 5

                                  = 12,440

Straight-line rate = Annual depreciation expense / cost - residual value

Straight-line rate = 12,400 / 66,600 - 4,400

                            = 0.199

How far do most developers push their databases in normalization?
O to the first normal form
O to the second normal form
O to the third normal form
O to the fourth normal form

Answers

Answer:

c

Explanation:

Tell, Inc., leased a building from Lott Corp. Tell paid monthly rent of $500 and was also responsible for paying the building’s real estate taxes. On January 1, Vorn Co. and Tell entered into an agreement by which Vorn was entitled to occupy the building for the remainder of the term of Tell’s lease in exchange for monthly payments of $600 to Tell. For the year, neither Tell nor Vorn paid the building’s real estate taxes, and the taxes are delinquent. Learning this, Lott demanded that either Tell or Vorn pay the delinquent taxes. Both refused, and Lott has commenced an action against them. Lott will most likely prevail against

Answers

Answer:

Tell and Vorn

Explanation:

Based on the information given Lott will most likely prevail against TELL and VORN reason been that we were told that both TELL and VORN entered into an agreement on January 1 which means that both of them will be responsible for the DELINQUENT TAXES which has not been paid because Vorn occupy the building that was leased out to Tell from Lott Corp in exchange for the amount of $600 which will be monthly paid by Vorn to Tell, which means that in a situation were the taxes is said to be DELINQUENT TAXES in which neither of them paid the building's real estate taxes, Lott will most likely prevail against both TELL and VORN.

Use the drop-down menus to explain how to create a one-to-one relationship using the primary keys of two tables.
1. Open the database.
2. On the Database Tools tab, in the Relationships group, click
3. On the Relationship Tools Design tab, in the Relationships group, click
4. In the dialog box, click one of the tables to add, and click Add.
5. Click the other table to add, click Add, and click
6. Click and drag the primary key from a table, and drop it on the primary key of the other table.
7. In the Edit Relationships dialog box, make sure the correct fields are being linked.
8. Click the Enforce Referential Integrity checkbox, and click

Answers

Answer:relationships, show table, close, create

Explanation: just did it

Answer:

Use the drop-down menus to explain how to create a one-to-one relationship using the primary keys of two tables.

1. Open the database.

2. On the Database Tools tab, in the Relationships group, click

✔ Relationships

.

3. On the Relationship Tools Design tab, in the Relationships group, click

✔ Show Table

.

4. In the dialog box, click one of the tables to add, and click Add.

5. Click the other table to add, click Add, and click

✔ Close

.

6. Click and drag the primary key from a table, and drop it on the primary key of the other table.

7. In the Edit Relationships dialog box, make sure the correct fields are being linked.

8. Click the Enforce Referential Integrity checkbox, and click

✔ Create

Explanation: Just did it and its correct

Two reasons why it is important for a chocolate manufacturing company(or any company) to develop new products?

Answers

Two offer more product
I don’t know ................

What field should be moved out of a table if Customer ID is the primary key? address O package size O phone number O customer name​

Answers

Answer:

package size

Explanation:

all the others are stuff abt the customer

Answer:

B

Explanation:

1,1. What is a Fixed Asset Register.Explain how this document assists
management in keeping internal control over fixed assets. (4)​

Answers

Answer:

A fixed asset register is a detailed list of all fixed assets which are owned by a business. Its main purpose is to enable an organization to accurately record and maintain both financial and non-financial information pertaining to each asset and to easily identify and verify an asset when required.

Explanation:

Help me please.. there is no option on here for Human Resources principals, so I jus clicked business as the subject..

Answers

Answer:

B. 60 days.

Explanation:

The Worker Adjustment and Retraining Notification Act (WARN) requires employers to satisfy the notice requirements usually in 60 days before sacking. This is however not applicable to unforeseen issues that may affect the business requiring sacking such as natural disaster

On June 30, 2021, the Esquire Company sold merchandise to a customer and accepted a noninterest-bearing note in exchange. The note requires payment of $41,000 on March 31, 2022. The fair value of the merchandise exchanged is $39,155. Esquire views the financing component of this contract as significant. Required: 1. Prepare journal entries to record the sale of merchandise (omit any entry that might be required for the cost of the goods sold), any December 31, 2021 interest accrual, and the March 31, 2022 collection. 2. What is the effective interest rate on the note

Answers

Answer and Explanation:

1. The journal entries are shown below:

On 30-Jun-21

Note receivables Dr $41,000

     To Sales revenue $39,155  

     To Discount on note receivables $1,845

(Being sales revenue is recorded)  

On 31-Dec-21

Discount on note receivables ($1,845 × 6 ÷ 9) $1,230

     To Interest revenue $1,230

(Being interest accrual is recorded)  

On 31-Mar-22

Discount on note receivables  ($1,845 × 3 ÷ 9) $615

     To Interest revenue $615

(Being interest accrual is recorded)  

On 31-Mar-22

Cash Dr $41,000

     To Note receivables $41,000

(being note collection at maturity is recorded)  

2.  

Effective interest rate on note is

= $1,845 ÷ $39,155 × 12 ÷ 9

= 6.28%

Trade is appreciated and promoted throughout the world but there exists certain loopholes for efficient trade system .Highlight the concerned factors ?

Answers

Answer:

Trade is the transaction of goods and monetary around the world.

Explanation:

Trade and commerce are necessary for the economic development and survival of this world. It is appreciated and is promoted throughout the world, but still there are some loopholes in the trading system.

Trading is generally the economic transaction that is carried all through the world for comparative advantage among the different countries. The goods and products traded are mainly capital goods, consumer goods, financial assets, and others which are traded among the countries.

It creates a dual economy in the world for the less developed countries and due to this the country which exports these goods are developing while those poor countries importing  these goods have seen a stop in its development.

Due to the foreign investment, the poor countries have not been able to benefit much from it.

The gains is limited for the exported countries due to the export of only the primary goods.

National Family Opinion (NFO) contacts several hundred members of its consumer panel and provides them with a printed description of a new chewing gum and its package. Consumers are then given a survey containing several multiple-choice questions about their attitudes toward the new product, based on what they read in the description. The final survey question asks consumers to indicate the likelihood that they would purchase the product. NFO seems to be conducting a: a. Market test b. Concept test c. Prototype test d. Sensitivity test e. Attitude test

Answers

Answer: concept test

Explanation:

Based on the information given, we can infer that National Family Opinion (NFO) is conducting a concept test.

Concept testing is the process whereby surveys are used in the evaluation of the acceptance of a new product by the consumers before the product is introduced to the market.

Since the consumers are given a survey which contains different multiple-choice questions about their attitudes toward the new product,

Therefore, the correct option is B.

Where do you get a check register

Answers

Answer: How to Obtain a Check Register. If you didn’t receive a check register with your checkbooks and would like one, you have several options: Use a template such as a free Go_ogle Docs check register. Order a new register from an online check printer or your bank. Grab a check register from the back of an old checkbook or anywhere you can find one.

An example of government spending when calculating the GDP using the expenditures approach is _____.


A. medical expenses

B. any investment expenditure by a government

C. the purchase of a building

D. none of the above

Answers

Answer:

Maybe D, The answer should be "salaries of public employees"

Answer:

Medical expenses

Explanation:

EDG 2021 Business Entreprenuership

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