c. Sailors would be the correct answer
Eloise, an engineer for an oil company, is interested in working overseas at this stage of her life because she knows that foreign work experience demonstrates independence, resourcefulness, and entrepreneurship to potential employers.
<u>Explanation:</u>
The work experience in foreign demonstrates the skills that includes, confidence, independence, Adventure sense, Sense of ambitions, adaptability and open minded nature. Working at overseas helps in increasing the confidence. It also improves the sense of being adventurous and make the individual more independent.
When the independent nature of an individual gets enhanced, he or she will develop a sense of being an entrepreneur. There will be a lot of resources inside the mind of an individual with which he or she can start a own business.
Answer:
D. The gold coins are a commodity money because even though they were issued by a foreign government, the gold has intrinsic value
Explanation:
Commodity money is money that has intrinsic value. Its value can be derived from the material from which it is made. E.g. gold, salt, silver
Fiat money is money that has no intrinsic value but the government establishes it as money.
I hope my answer helps you
Answer:
Sharpen Ratio = <u> Rp - Rf</u>
standard deviation of portfolio
= <u>13.8% - 3.6%</u>
173.11%
= 0.05892
= 0.059
workings
Return of portfolio = Ra*wa + Rb*Wb
= 15%*0.6 + 12%*0.4
= 9% + 4.8% = 13.8%
Standard deviation of portfolio = square root of variance
= √ stdA²wa² + stadB²wb² + 2wawbcorrAB
= √(24%*0.6)² +(14%*0.4)² + 2*0.6*0.4*1.27
= √207.36% + 31.36% + 0.6096
= √2.9968
= 1.73
= 173.11%
Explanation: