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

Question

1 Approved Answer

What is the expected arithmetic return of a security based on the following historical data? Return 5 years ago = 17.0% Return 4 years ago

What is the expected arithmetic return of a security based on the following historical data?

Return 5 years ago = 17.0%

Return 4 years ago = 9.2%

Return 3 years ago = -2.2%

Return 2 years ago = -12.2%

Return last year = 32.0%

a.14.52%

b.11.29%

c.8.76%

d.7.69%

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

College Algebra With Modeling And Visualization

College Algebra With Modeling And Visualization

Authors: Gary Rockswold

6th Edition

0134418042, 978-0134418049

More Books

Students also viewed these Finance questions

Question

1. Calculate the cost of each capital component, after-tax cost of debt, cost of preferred, and cost of equity with the DCF method and CAPM method. 2. What do you estimate the company?s WACC? Please...

Answered: 1 week ago

Question

Week 4 Homework Assignment This assignment is due by 6 p.m. eastern time on Sunday, September 17.When you turn it in, please: (1) Include your team number and assignment number in the filename(s)....

Answered: 1 week ago

Question

Please see attached file for complete questions set. 1.W&B Corp. has current liabilities of $460,000, a quick ratio of .83, inventory turnover of 5.9, and a current ratio of 1.5. What is the cost of...

Answered: 1 week ago

Question

★★★★★
Why is it so easy to develop and then retain racial prejudices? How can we break this mold?

Answered: 1 week ago

Question

★★★★★
The production supervisor of a small pharmaceutical firm has observed a decreasing demand for potassium regurgitol (PRG) over a two-month period, and since the plant manager has been throwing up the...

Answered: 1 week ago

Question

★★★★★
Let x be a normally distributed random variable having mean = 30 and standard deviation = 5. Find the z value for each of the following observed values of x: a. x = 25 b. x = 15 c. x = 30 d. x = 40...

Answered: 1 week ago

Question

★★★★★
Why are stereotypes so resistant to change?

Answered: 1 week ago

Question

★★★★★
List some reasons why an employee might embezzle cash from his employer and the evidence that would determine which reason (or reasons) could provide the pressure to motivate a person to embezzle....

Answered: 1 week ago

Question

★★★★★
Sierra Company incurs the following costs to produce and sell its only product. Variable costs per unit: Direct materials $ 12 Direct labor $ 6 Variable manufacturing overhead $ 4 Variable selling...

Answered: 1 week ago

Question

★★★★★
What is the future value of R20 000 invested today at an annual interest rate of 14% over a period of 16 years, assuming that interest is compounded semi-annually? A. R144 115.19 B. R162 744.99 C....

Answered: 1 week ago

Question

★★★★★
BlackBerry is dedicated to addressing the most important environmental issues facing the technology sector, fostering equality for all people, and having a positive influence on our local...

Answered: 1 week ago

Question

★★★★★
Lower-than-expected demand for Apple's new iPhones and the company's decision to offer more models have created turmoil along its supply chain and made it harder for Apple to predict the number of...

Answered: 1 week ago

Question

★★★★★
In the ILSW book, there is an analogous use of the First Law of Thermodynamics, the Law of Energy Conservation, to describe the work environment.How does this concept apply to business and...

Answered: 1 week ago

Question

★★★★★
Develop a diversity allies program Scenario Achieving a diverse workplace requires more than a business case it requires us both individually and collectively to question our assumptions and the...

Answered: 1 week ago

Question

★★★★★
(9) A $950,000 perpetuity invested at 7% compounded semi-annually will provide what monthly payments?

Answered: 1 week ago

Question

★★★★★
Please solve and explain You are a part of a finance team in a firm, and you were asked by your boss to estimate the annual cash flows of a project. You estimated that the annual sales and costs of...

Answered: 1 week ago

Question

★★★★★
QUESTION 2 The CEO of Farisha Hijab Sdn Bhd insisted on further investigation to be carried out that he also required Mr Muaz to conduct the analysis of variance for the material and labour of the...

Answered: 1 week ago

Question

★★★★★
Tablet tech support. The technical support desk at a college has set up a special service for tablets. A survey shows that 54% of tablets on campus run Apples iOS, 43% run Googles Android OS, and 3%...

Answered: 1 week ago

Question

★★★★★
U.S. economic conditions 2017. A Gallup Poll in September 2017 asked U.S. adults to rate economic conditions in the country today as excellent, good, only fair, or poor. The results are below:...

Answered: 1 week ago

Question

★★★★★
Casinos, part 2. In addition to slot machines, casinos must understand the probabilities involved in card games. Suppose you are playing at the blackjack table, and the dealer shuff les a deck of...

Answered: 1 week ago

Previous Question Next Question