We create a portfolio out of two stocks. The total portfolio has 153 % expected tetum. The covariance of the shares is -3.4125 %. The portfolio contains shares of 'Miklosi Plc and
Enosz Plc.'. 'Miklósi Plc. shares have 13 % standard deviation and 23% annual refum. 'Eros
Plc. investors had 13 % retum and the standard deviation of the shares was 35 % What is
the weight of 'Miklosi Plc. in our portfolio?
(Give the answer in number format with 4 decimals. Eg. 12.42% should be given as 0.1242)
Answer
What is the standard deviation of the portfolio?
(Give the answer in number format with 4 decimals. Eg, 12.42% should be given us 012021

You are chairman of the board of a successful technology firm. there is a nominal federal corporate tax rate of 35 percent, yet the effective tax rate of the typical corporation is about 12.6%. your firm has been clever with use of transfer pricing and keeping money abroad and has barely paid any taxes over the last 5 years; during this same time period, profits were $28 billion. one member of the board feels that it is un-american to use various accounting strategies in order to avoid paying taxes. others feel that these are legal loopholes and corporations have a fiduciary responsibility to minimize taxes. one board member quoted what the ceo of exxon once said: “i’m not a u.s. company and i don’t make decisions based on what’s good for the u.s.” what are the alternatives? what are your recommendations? why do you recommend this course of action?