Use the following information to answer the questions. state of economy probability of state return on asset j in state return on asset k in state return on asset l in stateboom 0.25 0.065 0.240 0.260growth 0.36 0.065 0.120 0.180stagnant 0.24 0.065 0.030 0.090recession 0.15 0.065 -0.110 -0.200a. what is the expected return of each asset? b. what is the variance and the standard deviation of each asset? c. what is the expected return of a portfolio with 9% in asset j, 51% in asset k, and 40% in asset l? d. what is the portfolio's variance and standard deviation using the same asset weights from part (c)?

Which of the following best explains cost-push inflation? a. increasing wages for workers drive up the cost of production, forcing producers to charge more to meet their costs. b. consumers demand goods faster than they can be supplied, increasing competition among buyers. c. rising prices for goods and services reduce spending power and cut into consumer demand. d. wages drop so that workers have to spend a higher percentage of income on the cost of necessities.2b2t

An arithmetic progression involves the addition of the same quantity to each number.which might represent the arithmetic growth of agricultural production

Which of the following statements is correct? a major disadvantage of a partnership relative to a corporation is the fact that federal income taxes must be paid by the partners rather than by the firm itself. in a typical partnership, liability for other partners’ misdeeds is limited to the amount of a particular partner’s investment in the business.true in a limited partnership, the limited partners have voting control, while the general partner has operating control over the business, and the limited partners are individually responsible, on a pro rata basis, for the firm’s debts in the event of bankruptcy. partnerships have more difficulty attracting large amounts of capital than corporations because of such factors as unlimited liability, the need to reorganize when a partner dies, and the illiquidity of partnership interests.