Assume that the economy has three types of people. 15% are fad followers, 75% are passive investors, and 10% are informed traders. The portfolio consisting of all informed traders has a beta of 1.3 and an alpha of 2.21%. The market has an expected return of 12% and the risk-free rate is 4 %. What is the alpha for the fad followers? Enter your answer as a percentage to two decimal places (i.e. 0.12% rather than 0.0012; the percent sign is not necessary).
In: Finance
Problem 5-5 |
You are considering moving your money to new bank offering a one-year GIC that pays an
5 %
APR with monthly compounding. Your current bank's manager offers to match the rate you have been offered. The account at your current bank would pay interest every six months. How much interest will you need to earn every six months to match the GIC?
First convert APR into a monthly discount rate:
The monthly discount rate is
%.
In: Finance
A collection of financial assets and securities is referred to as a portfolio. Most individuals and institutions invest in a portfolio, making portfolio risk analysis an integral part of the field of finance. Just like stand-alone assets and securities, portfolios are also exposed to risk. Portfolio risk refers to the possibility that an investment portfolio will not generate the investor’s expected rate of return.
Analyzing portfolio risk and return involves the understanding of expected returns from a portfolio.
Consider the following case:
Andre is an amateur investor who holds a small portfolio consisting of only four stocks. The stock holdings in his portfolio are shown in the following table:
Stock |
Percentage of Portfolio |
Expected Return |
Standard Deviation |
---|---|---|---|
Artemis Inc. | 20% | 6.00% | 31.00% |
Babish & Co. | 30% | 14.00% | 35.00% |
Cornell Industries | 35% | 11.00% | 38.00% |
Danforth Motors | 15% | 3.00% | 40.00% |
What is the expected return on Andre’s stock portfolio?
13.10%
9.70%
7.28%
14.55%
Suppose each stock in Andre’s portfolio has a correlation coefficient of 0.4 (ρ = 0.4) with each of the other stocks. If the weighted average of the risk of the individual securities (as measured by their standard deviations) included in the partially diversified four-stock portfolio is 36%, the portfolio’s standard deviation (σpσp) most likely is ---- 36%.
In: Finance
(1 point) Using a diagram/table, please illustrate how the personal record “John Cool, 45, 1980” will be stored in big- and little-endian byte ordering. The personal record includes a name (string), age (integer), and year (integer). The length of a byte is 8, and the length of a word is 32 for the computer.
In: Computer Science
Write a menu driven Java program which uses a method for each of the following operations:
(Note : The user should be allowed to repeat the operations as long as he wants to. Use appropriate number of parameters and return type for each method.)
A. to find the sum of the following series (up to N terms). The program should display the terms:
22 + 42 + 62…
For example, if N=4, then the program should display the following terms:
22 + 42 + 62 + 82
Sum of terms = 120
B. To accept a number and then check whether it is a prime number or a composite number. Your program should display an appropriate message. A prime number is one which is divisible by itself and 1.
Sample Outputs:
Enter a number : 5
It is a prime number.
Enter a number : 12
It is a composite number.
In: Computer Science
What are the strengths and weakness for Message Digest (MD5) and RIPEMD-128?
In: Computer Science
Using the financial calculator and the diagramming techniques, please answer the questions and include the diagrams Part A You wish to purchase a home and have been very successful in saving $12,000 for a down payment. You can get a 30 year mortgage at a fixed rate of 11.5%. The most you can afford is $630 / month for payment. What's the maximum you can pay for a house? Part B You plan to be married soon and your partner can contribute $250/month toward the monthly payment, but nothing toward the down payment. Now what price can you afford to pay? Part C You have learned of a special bank offer to first-time home buyers. Interest rates will be dropped to 9% for the life of the mortgage. Now, what can you afford to pay?
In: Finance
apply the concepts of social facts and verstehen to the topic of binge drinking among college students.
In: Psychology
1.Suppose that you will receive annual payments of $14,000 for a period of 10 years. The first payment will be made 5 years from now. If the interest rate is 5%, what is the present value of this stream of payments?
a.What is the present value?
2.A store offers two payment plans. Under the installment plan, you pay 25% down and 25% of the purchase price in each of the next 3 years. If you pay the entire bill immediately, you can take a discount of 8% from the purchase price. Assume the product sells for $100.
a-1. Calculate the present value of the payments if you can borrow or lend funds at an interest rate of 5 percent.
b-1. Calculate the present value if the payments on the 4-year installment plan do not start for a full year.
In: Finance
A concave mirror has a focal length of 32.2 cm. The distance between an object and its image is 54.7 cm. Find (a) the object and (b) image distances, assuming that the object lies beyond the center of curvature and (c) the object and (d) image distances, assuming that the object lies between the focal point and the mirror.
In: Physics
Unrelated diversification is best for the
1. Stockholder 2. Long term profit 3. Financial Model
4. Middle management 5. Top Management
Buyer and supplier power is a concept of
1. Financial Ratios 2. Numbers and organization
3. Generic 4. Regression 5. Strategic implementation
The trend in supply chains is to
1.Eliminate players in the chain. 2. Reward individual achievement
3. Reduce IT
4. Start with existing culture 5. Reward unrelated diversification
In: Operations Management
This question was prompted by another question about a paper by Woodward (not mine). IMO Mach's principle is very problematic (?wrong) thinking. Mach was obviously influenced by Leibniz. Empty space solutions in GR would result in a Minkowski metric and would suggest no inertia. Mach's principle seems incompatible with GR. Gravitational waves could also be a problem. I had thought that papers like one by Wolfgang Rindler had more or less marginalised the Mach Principle, but I see lots of Internet discussion of it. Is it correct? Wrong? Is there evidence? (frame dragging experiments)?
Let's use this definition from ScienceWorld.Wolfram.com:
In his book The Science of Mechanics (1893), Ernst Mach put forth the idea that it did not make sense to speak of the acceleration of a mass relative to absolute space. Rather, one would do better to speak of acceleration relative to the distant stars. What this implies is that the inertia of a body here is influenced by matter far distant.
In: Physics
(My Name is TT please I need new and unique answers, please. (Use your own words, don't copy and paste), Please Use your keyboard (Don't use handwriting)
((Thank you FOR YOUR HELP))
SUBJECT: System analysis and design IT243
Q1:
As the project sponsor, you suggested that your company
that runs multiple local supermarkets should provide an online
shopping service to increase sales during COVID-19 pandemic. Write
a system request to propose this project.
System request
Project Sponsor
Business Need
Business Requirements
Business Value
Special Issues or Constraints
In: Computer Science
write a c++ code for following application You have been hired by XYZ Car Rental to develop a software system for their business. Your program will have two unordered lists, one of Cars and one of Reservations. The Car class will have the following data: string plateNumber (this is the key) string make string model enum vehicleType (VehicleType Enumeration of options: sedan, suv, exotic) double pricePerDay bool isAvailable isAvailable should be set to true on initialization, and a public setter method should be exposed SetAvailable(bool available); Reservation will have the following: string name (key) string vehicleRented (plate of the car which is our key for the list) The Program class will be composed of the two lists. There will also be a method to display a menu that will have the following options, Create a method to process the user's input and call appropriate methods to perform the operation requested. (Use a switch statement and call the appropriate methods based on the number the user puts in) ------------------------------------------- XYZ Car Rental ------------------------------------------- 1. List all cars 2. Add car to inventory 3. Remove car from inventory 4. List all reservations 5. Add a reservations 6. Cancel reservation 7. Exit Option 1: List all the cars in the unordered list of cars (Overload the << operator like my example to print each car's info) Option 2: Prompt for all the information for a vehicle. Create the vehicle and add it to the list of available vehicles Option 3: Remove a vehicle from the list of available cars. If the car is not available (a user has rented it) return an error message and don't remove the vehicle Option 4: List all the reservations. Use the key in the reservation to retrieve the vehicle details from the list of vehicles Option 5: Prompt the user for a name. List all the cars that are available (isAvailable=true): 1. Nissan Sentra (sedan) $24/day 2. ... n+1. Cancel Prompt the user to enter an option. Your list will need to implement a GetItemAtIndex method which will let you select a vehicle based on the menu option. For example if the user selects 1, you would call GetItemAtIndex(choice - 1). Make sure this returns a car reference: Car& GetItemAtIndex(int index) Create a reservation object with this car's plate and the user's name, and call the car's SetAvailable method with false passed as the argument; If cancel is pressed, show all the original options again Option 6: Propt the user for a name. Remove the reservation object from the list if that user's name is a key. Use the plate number to find the car in the list and set available to true (Make sure the GetItem method returns a reference) At the end of each option's method (except Exit) make sure ot list the menu options again. For Exit, quit the program.
In: Computer Science
Create a class named BankAccount, containing:
Write a class definition for a subclass, CheckingAccount, that contains:
In: Computer Science