Answer:
0.047424
Explanation:
Given that
Expected return of security M = 17%
Standard deviation of Security M = 32%
Expected return of security S = 13%
Standard deviation of security S = 19%
And, the correlation coefficient = 0.78
So, by considering the above information the co variance is
= Correlation coefficient × Standard deviation of Security M × Standard deviation of security S
= 0.78 × 0.32 × 0.19
= 0.047424
Parking illegally on college grounds is an offense so there fore parking tickets should be maintained
The correct answer is job specifications. Job specifications
is being defined as a statement in regards of the essential components of the
job class by which it includes the summary of the work that are to be
performed, responsibilities, minimum qualifications, and as well as the primary
duties.
Answer:
NPV is positive,the project should be accepted
Explanation:
In determining whether or not the project should be accepted ,we need to ascertain the Net Present value of the project which is present value of cash inflows of $13,000 for 35 years minus the initial investment of $125,374.60 committed today.
The annuity factor for 8% for 35 year horizon is 11.6546 using annuity table.
Present of cash inflow=cash inflow*annuity factor=$13,000*11.6546=$151,509.80
Net present value=$ 151,509.80-$125,374.60=$ 26,135.20
The investment has a positive NPV,hence should be accepted
Answer:
C. the loss of profit from the delayed opening.
Explanation:
The contract was for Restore Inc to resurface the pools at Swim Park by June 1. Restore Inc couldn't deliver by June 1 and finished the job 15 days later, thereby delaying the seasonal opening of Swim Park.
Swim Park can sue for breach of contract and recover the loss of profit from the delayed opening because Restore Inc failed to deliver according to the terms of the contract thereby making Swim Park lose profit.
The money to be paid to Swim Park would be an estimated profit for the 15 days the park should have been in operation.
