FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

#8) Arbitrage Investments LLC invested $20,000 and $30,0000 respectively on two investments that yielded a combined rate of return of 10% (compounded annually) over five

image text in transcribed
#8) Arbitrage Investments LLC invested $20,000 and $30,0000 respectively on two investments that yielded a combined rate of return of 10% (compounded annually) over five years. If the rate return on the first investment of $20,000 was 12%, what is the rate of return the company obtained on the second investment of $30,000.? a. b. C. d. 8.00% 8.27% 8.59% 10.00%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Real Estate Finance

Real Estate Finance

Authors: Walt Huber, Levin P. Messick

5th Edition

0916772438, 9780916772437

More Books

Students also viewed these Finance questions

Question

★★★★★
Within the area where you live, work, or attend school, name three businesses that would likely use job costing and three that would likely use process costing

Answered: 1 week ago

Question

★★★★★
Bellemain et al. (2005) relied on moose hunters in Norway to collect fecal samples from brown bears. Each sample was genotyped, and the number of distinct individuals was found in each of 2001 and...

Answered: 1 week ago

Question

★★★★★
In the article The Brief Memory and Executive Test (BMET) for detecting vascular cognitive impairment in small vessel disease: a validation study published in BMC Medicine (Bookes, et al., (2015),...

Answered: 1 week ago

Question

★★★★★
How do the weighted average and first-in, first-out methods of process costing differ in their treatment of beginning Work in Process Inventory units?

Answered: 1 week ago

Question

★★★★★
Fundraising events are the bane and blessing of every organizational fundraiser. Why is that so, and what can be done to lessen the negative effects and enhance the positive aspects of planning and...

Answered: 1 week ago

Question

★★★★★
You purchased residence last year. 30 yr 7% $350000 purchase 375K Calculate the principal balance, current liability and long-term liability of this residence for the balance sheet next year.

Answered: 1 week ago

Question

★★★★★
The average credit sales for Jiffy Co. is $375,000. Accounts receivables average balance is $68,000. Jiffy factors its receivables by discounting them 3%. What is the effective cost of factoring?...

Answered: 1 week ago

Question

★★★★★
Debra Jones conducts business as a primary producer. Her business qualifies as a small business entity and she has elected to use the available concessions for capital allowances. Debra's general...

Answered: 1 week ago

Question

★★★★★
1 Read each scenario, decide whether the company is using Cash basis or Accrual basis, and then enter your answer to the question. The Johnny Flowers Law Firm prepays for advertising in the local...

Answered: 1 week ago

Question

★★★★★
An illustration of SEM modeling is given as below: a. Mention the latent variables in the SEM model above. b. Mention the indicator variables (observed) in the SEM model above c. Write down the...

Answered: 1 week ago

Question

★★★★★
The TMA Questions PART A: The Balanced Scorecard As the new controller of the Arab Open University, you have been asked by the university director to comment on any deficiencies of the university....

Answered: 1 week ago

Question

★★★★★
1 Should HR managers adopt an approach to ethics in which there are absolute rights and wrongs, or is it ethically acceptable to take a contingent perspective that could, for example, justify low...

Answered: 1 week ago

Question

★★★★★
1 Do you believe that companies should use an ethical investment policy in investing their pension funds, or is financial performance alone the most important issue? The London Pensions Fund...

Answered: 1 week ago

Question

★★★★★
1 Given the necessity of worldwide economic reform due to the recession, what are the advantages and disadvantages of unionised activity for employees and employers? In the US, labour unions are...

Answered: 1 week ago

Previous Question Next Question