A dwelling is untenantable if it substantially lacks
a. a heating unit.
b. windows in every room.
c. a trash compactor.
d. freeway access.
Answer: a. a heating unit.
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What is a country's balance of (merchandise) trade, and why is it so widely reported in the financial and popular press?
What will be an ideal response?
Returns on the stock of First Boston and Midas Metals for the years 2010-2013 are shown below. First Boston Midas Metals Portfolio 2010 -18.00% 26.00% 2011 32.00% -5.00% 2012 18.00% 3.00% 2013 1.00% 10.00%
a. Compute the average annual return for each stock and a portfolio consisting of 50% First Boston and 50% Midas. b. Compute the standard deviation for each stock and the portfolio. c. Are the stocks positively or negatively correlated and what is the effect on risk? What will be an ideal response?