Simpson Conglomerates borrows 12,000 for a short-term purpose. ...

[haleyc112]

Simpson Conglomerates borrows 12,000 for a short-term purpose. The loan will be repaid after
  120 days, with Simpson paying a total of 12,400. What is the approximate cost of credit using the
  APY, or annual percentage yield, calculation?
 
  A) 10.34 B) 12.46 C) 12.25 D) 4.33

Question 2

You construct an equally weighted, two asset portfolio between ACME Corp, an American valve and regulator manufacturer, and Wayne Enterprises, a Hong Kong property company.
 
  The standard deviation of the returns on ACME's shares is 30 and 55 on Wayne Enterprises. Because of the international diversification, the returns on the two companies have no covariance (correlation = zero). What is the standard deviation of returns of the portfolio?
  A) 9.81
  B) 17.60
  C) 22.50
  D) 31.32
  E) 42.50

[abctaiwan]

Answer to Question 1

A

Answer to Question 2

D

[haleyc112]

Correct answers!

[abctaiwan]

Great! Please up vote