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Bobby will get annual returns of 13.0%, -8.0%, -9.5%, 5.0%, and 7.4% in the next five years on her investment in My Town, Inc. stock, which she purchases for $42,000 today. (Assume NO dividends during the 5 years and all annual returns are associated with the stock price/value).
What is the arithmetic average return on her stock if she sells it five years from today? (show as percent and round to 2 decimal places)
What is the geometric average return on her stock if she sells it five years from today? (show as percent and round to 2 decimal places)
How much will Bobby's stock be worth if she sells it five years from today? Hint: your Rate of Return formula can be rewritten to solve for Ending Price like this Ending Price = Beginning Price x (1+ROR)...(round your answer to nearest $1)
PTC is a substance that has a strong bitter taste for some people and is tasteless for others. The ability to taste PTC is inherited. About 75% of Italians can taste PTC
Review the Learning Resources for this week related to frequency distributions and graphic displays of data. Using the SPSS software, open the General Social Survey dataset found in this week's Learning Resources.
an employee of bank wants to test the null hypothesis that on average the bank cashes 10 bad checks per day against the
What percent of people surveyed were Republicans?- Do you think this might be a reasonable estimate of the percentage of all voters who are Republicans? Explain.
the probability that merchandise stolen from a store will be recovered is 15. suppose a random sample of 8 stores from
female undergraduates in randomized groups of 17 took part in a self-esteem study. the study measured an index of
it is assumed that the time failures for an electronic component are exponentially distributed with a mean of 50 hours
What is the mean number among 12 truthful persons who will be classied as deceptive? What is the standard deviation of this number?
Draw a graph (with pen) to show consumer surplus in the separated markets? Why is consumer surplus relevant to understanding the impact of price discrimination on the buyers in the high price market
the workers in a large meat packing plant earn annual incomes with mean 30000 and standard deviation of 9000. a labor
a company is considering producing some new gameboy electronic games. based on past records management believes that
The 1973 admission rates of men and women applying to graduate school in different departments of the University of California at Berkeley are as follows.
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