A local government has the following four major revenue sources--property taxes, sales taxes, intergovernmental revenues, and user charges. The standard deviation of the growth rate of these revenues sources are --6.89%, 8.45%, 10.89% and 6.54%, respectively. The proportion of these revenue sources are 45%,15%,15%,and 25%. What is the risk of the revenue portfolio ratio?

A local government has the following four major revenue sources--property taxes, sales taxes, intergovernmental revenues, and user charges. The standard deviation of the growth rate of these revenues sources are --6.89%, 8.45%, 10.89% and 6.54%, respectively. The proportion of these revenue sources are 45%,15%,15%,and 25%. What is the risk of the revenue portfolio ratio?

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

ChapterC1: Eco Products, Inc

Section: Chapter Questions

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