Consider the following information on three stocks(20) State of
Economy

Probability of
State of Economy

Rate of Return
if State Occurs
Stock A Stock B Stock C
Boom 0.45 0.42 0.35 0.65
Normal 0.50 0.31 0.18 0.04
Bust 0.05 0.17 -0.17 -0.64

A portfolio is invested 35 percent each in stock A and stock B and 30 percent in stock C. What is the
expected risk premium on the portfolio if the expected T-bill rate is 3.3 percent?

You want to make an investment in a continuously compounding account over a period of two years. what interest rate is required for your investment to double in that time period? round the logarithm value and the answer to the nearest tenth.

The following selected amounts are reported on the year-end unadjusted trial balance report for a company that uses the percent of sales method to determine its bad debts expense. accounts receivable $ 435,000 debit allowance for doubtful accounts 1,250 debit net sales 2,100,000 credit all sales are made on credit. based on past experience, the company estimates 1.0% of credit sales to be uncollectible. what adjusting entry should the company make at the end of the current year to record its estimated bad debts expense

For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both: 1. sec examiner 2. bookkeeping department 3. division controller 4. external auditor (public accounting firm) 5. loan officer at the company's bank 6. state tax agency auditor 7. board of directors 8. manager of the service department 9. wall street analyst 10. internal auditor 11. potential investors 12, current stockholders 13. reporter from the wall street journal 14. regional division managers