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Author Question: The goal of an efficient portfolio is to ________. A) achieve a predetermined rate of return for ... (Read 36 times)

Sufayan.ah

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The goal of an efficient portfolio is to ________.
 
  A) achieve a predetermined rate of return for a given level of risk
  B) maximize risk in order to maximize profit
  C) minimize profit in order to minimize risk
  D) minimize risk for a given level of return

Question 2

Colin has inherited 6,000 from the death of Grandma Anna. He would like to use this money to buy his mom Hayley a new scooter costing 7,000, two years from now.
 
  Will Colin have enough money to buy the gift if he deposits his money in an account paying 8 percent compounded semiannually?



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Swizqar

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Answer to Question 1

D

Answer to Question 2

n = 2, m = 2, r = 8
FV = 6,000(1+.08/2)2  2 =6000(1.04)4= 7,019
Yes, Colin will have enough money to buy the scooter.




Sufayan.ah

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Reply 2 on: Jul 10, 2018
Thanks for the timely response, appreciate it


peter

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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