An investor plans to put $50,000 in one of four investments. The return on eachinvestment depends on whether next year's economy is strong or weak. Thefollowing table summarizes the possible payoffs, in dollars, for the fourinvestments.Certificateof depositOfficecomplexLandspeculationTechnicalschoolNext year's economyStrong7,00015,00032,5006,000Weak7,0004,500- 17,00012,000Let V, W, X, and Y denote the payoffs for the certificate of deposit,office complex, land speculation, and technical school, respectively.Then V, W, X, and Y are random variables. Assume that next year'seconomy has a 30% chance of being strong and a 70% chance of beingweak.a. Find the probability distribution of each random variable V, W, X, andY.What is the probability distribution for V?V7,000P(V=v)

Given that Let V, W, X and Y denote the payoffs for the certificate of deposit, office complex,…

Answered: An investor plans to put $50,000 in one…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Analyze and compare Foot Locker and The Finish Line The Foot Locker, Inc. (FL) and The Finish Line, Inc. (FINL) are two retail athletic footwear chains. The current assets and current liabilities from recent balance sheets for both companies are as follows (in millions): Foot Locker The Finish Line Year 2 Year 1 Year 2 Year 1 Current assets $2,606 $2,456 $521 $531 Current liabilities 700 696 221 191 a. Compute the working capital for Year 2 and Year 1 for each company. Foot Locker The Finish Line Year 2 $fill in the blank 1 $fill in the blank 2 Year 1 $fill in the blank 3 $fill in the blank 4 b. Compute the current ratio for Year 2 and Year 1 for each company. Round to one decimal place. Foot Locker The Finish Line Year 2 fill in the blank 5 fill in the blank 6 Year 1 fill in the blank 7 fill in the blank 8
3. Investments Nui invests $10,000, received from her grandmother, in three ways. With one part, she buys mutual funds that offer a return of 6.5% per year. She uses the second part, which amounts to twice the first, to buy government bonds at 6% per year. She puts the rest in the bank at 5% annual interest. The first year her investments bring a return of $605. How much did she invest in each way?
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