You invested $1 million at the beginning of 2008 in an S&P 500 stock-index fund. Given the

Question:

You invested $1 million at the beginning of 2008 in an S&P 500 stock-index fund. Given the rate of return for 2008, 38.6%, what rate of return in 2009 would have been necessary for your portfolio to recover to its original value?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Investments

ISBN: 9780073530703

9th Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

See More Books

Question Posted: Jul 31, 2024 04:00 AM

See More Questions

Assume Pelican Corp has a current Beta is 0.65 and no debt. Management wants to increase their debt load which will result in a debt/equity ratio of 0.20 Given this change, what is the new,...
1. What further methods could have been used to generate ideas for the identification part of the risk process? 2. How scientific can the method that was used to rank the risks claim to be? 3. What...
The median is different from 68. An analysis of the data reveals that there are 45 plus signs and 27 minus signs. Use the sign test to test the given alternative hypothesis at the = 0.05 level of...
Find the rate of interest that equates the terminal value with the initial cost.
The figure illustrates two sampling distributions for sample proportions when the population proportion p = 0.50. a. Find the standard deviation for the sampling distribution of the sample proportion...
A correction made in 2019 for. 13 "overstatement of impairment of goodwill of 2016" would result in (2 ) A decrease of goodwill in 2016 A decrease of retained earnings for 2019 An increase of...
From a group of 13 boys and 9 girls, a committee of 5 students is chosen at random. a. The probability that all 5 members on the committee will be girls is (Type an integer or a simplified fraction.)...
On December 1, 2020, Cream Ale Ltd. receives $1,800 in advance for an agreement to brew beer during the months of December, January, and February. What is the revenue recognized under accrual...
A survey shows that of 100 nurses, 75 play at least soccer, 95 play at least softball, and 50 play both soccer and softball. Is this possible? Step one: Understand the problem and organize the given...
The copper coil placed inside a stove with the purpose of heating water that flows through the coil. The coil is made from copper tube with an OD of 1 2 . 7 0 mm and ID of 1 1 . 0 8 mm . Water enters...
Confidence Levels Given specific sample data, such as the data given in Exercise 1, which confidence interval is wider: the 95% confidence interval or the 80% confidence interval? Why is it wider?
Suppose that a methane molecule became distorted to (a) C3v symmetry by the lengthening of one bond, (b) C2v symmetry, by a kind of scissors action in which one bond angle opened and another closed...
A Bloomberg Businessweek subscriber study asked, In the past 12 months, when traveling for business, what type of airline ticket did you purchase most often? A second question asked if the type of...

You invested $1 million at the beginning of 2008 in an S&P 500 stock-index fund. Given the

Question:

Step by Step Answer:

Investments

Students also viewed these Business questions