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The variance of BMI, Inc. is estimated to be 0.0115, while the variance of QBU, Inc. is estimated to be 0.0238. The covariance between
The variance of BMI, Inc. is estimated to be 0.0115, while the variance of QBU, Inc. is estimated to be 0.0238. The covariance between BMI and QBU is estimated to be 0.0075. What is the variance of a two stock portfolio if 0.45 of your money is placed in BMI, and 0.55 of your money is placed in QBU. Portfolio Variance = Submit your answer using at least four decimal places of accuracy and work your analysis using at least 4 decimal places of accuracy. Place your answer as a decimal and not as a percentage (for example, as .1111 and not as 11.11%). A retailer is looking to expand operations at all of their stores for an initial investment of $640. This investment will be depreciated on a straight line basis over the project's 10 year life. The expansion is expected to produce annual cash inflows of $620 in consecutive years over the life of the project beginning one year from today, while also producing annual cash outflows of $320 in consecutive years over the life of the project, also beginning one year from today. What is the project's NPV if the corporate tax rate is 30% and the project's required rate of return is 13%? Place your answer in dollars and cents without the use of a dollar sign or a comma. If applicable, negative values should be entered with a minus sign in front of the number. Work all analysis out using at least 4 decimal places of accuracy. Tou have T HOUTS, 33 mmates, 19 seconds left. Ski and Board are two identical firms of identical size operating in identical markets. Ski is unlevered with assets valued at $14000 and has 700 shares of stock outstanding. Board also has $14000 in assets and has $3000 in debt financed at an interest rate of 6.00% and has 550 shares of stock outstanding. Both Ski and Board pay tax at the rate of 30%. Calculate the level of EBIT that would make earnings per share the same for Ski and Board. $ include a comma Place your answer to the nearest dollar. If applicable, your answer should NOT
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