Assume that the standard deviation of daily returns for Marcus, Inc. stock in a recent period is 1.5 percent. Furthermore, a 95 percent confidence interval is desired for the maximum loss. Daily returns are normally distributed, and the expected daily return is 0.05 percent. What is the lower boundary of the maximum expected loss

Answers

Answer 1

Answer:

Answer:

= - 2.43%

Step-by-step explanation:

From the information given:

Since the variable (daily returns) is normally distributed, Then, using empirical rule at 95% confidence interval level, we have:

$( \mu - 1.96 \sigma \ , \ \mu + 1.96 \sigma)$

where;

The expected mean daily return $\mu = 0.05 \%$

The standard deviation $\sigma = 1.5\%$

Given that the 95% confidence interval is expected to be a maximum loss, then the probability is left-tailed which is 1.65 $\sigma$ away from the average.

Thus the distribution of the lower boundary can be computed as:

= $(0.05 - 1.65 * 1.5)\%$

= $(0.05 - 2.475)\%$

= $( - 2.425)\%$

= - 2.43%

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1.) 4/3

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Step-by-step explanation:

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On January 1, 2021, White Water issues $410,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year.Assuming the market interest rate on the issue date is 8%, the bonds will issue at $382,141.

Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your final answers to the nearest whole dollar.)

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The appropriate journal entries to record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021 are:

White Water journal entries

1-Jan-21

Debit Cash $382,141

Credit Discount on Bonds Payable $27,859

($410,000-$382,141)

Credit Bonds payable $ 410,000

30-Jun

Debit Interest Expenses $ 15,286

($382,141 x 8%/2)

Debit Discount on Bonds Payable $736

Credit Cash $14,350

($410,000 x 7%/2)

31-Dec

Debit Interest Expenses $15,315.08

[($382,141 + 736) x 8%/2]

Credit Discount on Bonds Payable $965.08

($15,315.08-$14,350)

Credit Cash $14,350

($410,000 x 7%/2)

Learn more here:

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Answer:

Step-by-step explanation:

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Answer:

sorry i dont have insta

Step-by-step explanation:

hope you find help!

Answer:

What do u need help with

A company builds a new wing for its east branch and knows that each additional room will gain $1200 of profit. The construction company will cost $44,000 to construct the wing.How many rooms are need to break even? (Hint: You must PAY the fee to the construction company.)

If you wanted to make twice as much profit as you spent, how many rooms would need to be built?

Answers

Answer:

a. 37 rooms are need to break even.

b. 73 rooms are required to make twice as much profit as you spent.

Step-by-step explanation:

Revenue of the company from each additional room is $1200.

Total construction cost = $44,000.

At break even condition, total revenue is equal to total cost. In other words, the profit of the firm is zero at break even.

Let x be the number of rooms that are need to break even.

Total revenue of x room is

$TR=1200x$

At break even,

Total revenue = Total cost

$1200x=44000$

Divide both sides by 1200.

$x=(44000)/(1200)=36.6667\approx 37$

Therefore, 37 rooms are need to break even.

Let y be the number of rooms to make twice as much profit as you spent.

Total revenue of y room is

$TR=1200y$

Total revenue = 2 × Total cost

$1200x=2* 44000$

$1200x=88000$

Divide both sides by 1200.

$y=(88000)/(1200)=73.33\approx 73$

Therefore 73 rooms are required to make twice as much profit as you spent.

Other than a desktop computer, laptop, tablet, or Smartphone, discuss two other ways computer technologies are used in our daily lives

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Answer:

Smart TV, Smart Navigation in cars

Step-by-step explanation:

Smart TV :

Today Television has evolved to be integrated with computer technology
It comes integrated with Android software.
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Smart navigation in cars:

Computer technologies are used in car also
Car system is embedded with computer technologies which not only helps in finding location and traffic of place
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(4.5+7.6)-8 ÷ 2.5 help me please

Answers

The simplified value of the expression (4.5 + 7.6) - 8 ÷ 2.5 is 8.9.

What is the PEMDAS rule?

PEMDAS rule states the correct order of simplifying an expression is as follows -: Parenthesis, exponents, multiplications, divisions, additions, and, subtractions.

Given, An expression (4.5 + 7.6) - 8 ÷ 2.5.

First, we'll solve what's inside the parenthesis.

(4.5 + 7.6) - 8 ÷ 2.5.

= 12.1 - 8 ÷ 2.5.

= 12.1 - 3.2.

= 8.9.

learn more about the PEMDAS rule here :

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#SPJ2

Answer:

The answer is 1.64

Step-by-step explanation: