Consider the following information on three stocks(20) State of
Economy

Probability of
State of Economy

Rate of Return
if State Occurs
Stock A Stock B Stock C
Boom 0.45 0.42 0.35 0.65
Normal 0.50 0.31 0.18 0.04
Bust 0.05 0.17 -0.17 -0.64

A portfolio is invested 35 percent each in stock A and stock B and 30 percent in stock C. What is the
expected risk premium on the portfolio if the expected T-bill rate is 3.3 percent?

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.

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