Consider a risky portfolio. The end-of-year cash flow derived from the portfolio will be either $50,000 or $155,000, with equal probabilities of 0.5. The alternative riskless investment in T-bills pays 6%.
(a) If you require a risk premium of 8%, how much will you be willing to pay for the portfolio?
(b) Suppose that the portfolio can be purchased for the amount you found in (a). What will be the expected rate of return on the portfolio?
(c) Now suppose that you require a risk premium of 12%. What is the price that you will be willing to pay?

Joe said “your speech was really great, i loved it.” his criticism lacks which component of effective feedback? a) he did not recognize his ethical obligations b) he did not focus on behavior c) he did not stress the positive d) he did not offer any specifics

Wallis company manufactures only one product and uses a standard cost system. the company uses a predetermined plantwide overhead rate that relies on direct labor-hours as the allocation base. all of the company's manufacturing overhead costs are fixed—it does not incur any variable manufacturing overhead costs. the predetermined overhead rate is based on a cost formula that estimated $2,886,000 of fixed manufacturing overhead for an estimated allocation base of 288,600 direct labor-hours. wallis does not maintain any beginning or ending work in process inventory.

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november. materials conversion costs total equivalent units