You have $1,000 to invest and are considering buying some combination of the shares of two companies, Donkeylnc a Shares of Donkeylnc will pay a return of 12 percent if the Democrats are elected, an event you believe to have a 40 pe probability; otherwise the shares pay a zero return. Shares of Elephantinc will pay 10 percent if the Republicans are elc probability of 60 percent), zero otherwise. Either the Democrats or the Republicans will be elected. Instructions: Enter your response as percentage rounded to one decimal place. a. If your only concern is maximizing your average expected return, with no regard for risk, you should invest your $1,0 Elephantinc. and your expected return will be %. b. What is your expected return if you invest $500 in each stock? (Hint: Consider what your return will be if the Democr the Republicans win, then weight each outcome by the probability that event occurs.) Instructions: Enter your response as percentage rounded to two decimal places.

Amy invested $500 per month in a 401k that earned 6% annual return for 40 years. Hank invested $1,000 per month in a 401k that also earned 6% annual return, but for 20 years. Which of the following would be true?

Brandon Mackinnon is considering 3 investment options for his $10,000 savings from working as a professor at Algoma University. He has three different stocks which he can invest his money, Tesla, CIBC & Walmart. He wishes to invest his savings for one year, after which he will use his money to buy a Car. His return after one year will depend on the performance of the economy, which can be strong, average or weak. The returns for each possible combination are shown in the table below. PAYOFFS Alternatives Tesla CIBC Walmart Below are the Outcomes Strong Economy $1.200 $700 $400 Average Economy $600 S400 S300 Weak Economy -$1,000 S100 S200 Assume Brandon will choose only one stock for each question below. A. Which stock should Brandon invest his money in if he uses the Maximax Criterion? B. Which stock should Brandon invest his money in if he uses the Maximin Criterion? C. Which stock should Brandon invest his money in if he uses the Equally Likely Criterion? D. Which stock…

A petrol station has 5 copies of DEF Daily for sale everyday. 5% for the time 0 copies of the newspaper are sold, 15% of the time 1 copy is sold, 20% of the time 2 copies are sold, 20% of the time 3 copies are sold, and 30% of the time 4 copies are sold. The selling price is $1 per copy while the cost of the newspapers is $0.40 per copy, Unsold newspaper will be collected at $0.30 per copy on the next day. Find the expected profit of selling the newspapers. Answer = $ Leave your answer to two (2) decimal places.

a local hardware store has a "savings wheel" at the checkout. Customers get to spin the wheel and, when the wheel stops, a pointer indicates how much they will save. the wheel can stop in any one of 50 sections. of the sections, 10 produce 0% off, 20 sections are for 10% off, 10 sections for 20%, 5 for 30%, 3 for 40% and 1 for 50% and 1 for 100%. Assuming that all 50 sections are equally likely.  A. what is the probability that a customer's purchase will be free (100% off)? B. What is the probability that a customer will get no savings from the wheel (0% off)?  C. what is the probability that a customer will get at least 20% off?  Must show work/equations used.

Alphonse donates a fair amount of money to various charities each year. He wants to know that his money is actually going to do the charity work, though. Suppose that 90% of the charities that he donates to are probably reputable and 10% are probably not. Also, suppose that 80% of the money that goes to the real charities ends up actually being used for the charity work, while 20% goes to administrative costs. If he donates the same amount to each charity, then what percent probably goes to actual charity work? 72| % SUBMIT ANSWER O ASK FOR HELP TURN IT IN to search 344 111 80 Y U D H. V

dvisor estimates that the money-market fund will return 5% over the next year, the blue-chip fund 9%, and the high-tech fund 16%. Jason wants a total of first-year return of $4000. To avoid excessive risk, he decides to invest three times as much money in the money-market fund as in the high-tech stock fund. How much should he invest in each fund? 4. Let A=5, -31 -2 3 a. Find the inverse of matrix A, if it exists. Write out all work. b. Use your answer from part a. to solve the system of linear equations below. (Note: You must use part a. in order to get full credit for this question.) 5x-3y 10 -2x+3y 15 %3D %3D DII DD F10 F7 F8

The inventor of a new game believes that the variable cost of producing the game is $1.95 per unit, and the fixed costs for a month are $8000. He sells the game to retailers for $5.00 each. Give the net profit or loss if the inventor makes and sells 150,000 games in a month. IF LOSS, enter NEGATIVE amount.

According to one study, the average monthly cell phone bill in a certain country is $70 (up 31% since 2009). If an 18-year old student with an average bill gives up his cell phone and each month invests the $70 he would have spent on his phone bill in a savings plan that averages a 4% annual return, how much will he have saved by the time he is 70? He will have saved $by the time heis 70. (Round to the nearest cent as needed.)

Benjamin currently pays $1,080 for his annual car insurance premium. He is in the marines and will be deployed for 9 months. Since his car will be used much less, there is less risk for the insurance company and it offers him a 66% discount for his annual premium while on deployment. What is the amount he just save each month while on deployment to be able to pay his discounted premium? When Benjamin returns, his premium will revert to the amount prior to deployment. What will his total premium be for the year?