Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. toyota corp's stock is $32 per share. its expected

Toyota Corp's stock is $32 per share. Its expected return is 22% and variance is...

50.1K

Verified Solution

Question

Accounting

Toyota Corp's stock is $32 per share. Its expected return is 22% and variance is 13%. Honda Corp's stock is $21 per share. Its expected return is 17% and variance is 4%. Benz Corp's stock is $40 per share. Its expected return is 15% and variance 7%. The covariance between Toyota and Honda is 0.03. What would be the standard deviation of a portfolio consisting of 50% Toyota and 50% Honda?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Please answer the following questions: When credit becomes more costly and less available, total spending for goods...

Finance
Q

At the end of the semester we discussed DNA damage and repair systems. Then we read...

Biology
Q

An electric utility is considering a new power plant in northern Arizona. Power from the plant...

Finance
Q

In recent years we’ve witnessed a series of disastrous data breach. Research one of recent (2017-2018)...

Accounting
Q

48 a ketoglutarate is a precursor for each of the following except B glutamine A...

Biology
Q

Use the ALEKS calculator to evaluate each expressic Round your answers to the nearest hundredth...

Basic Math
Q

ubtract the polynomials Express your answer in standard form 3a 7 2a 7 3a 7...

Algebra
Q

The completed worksheet for Cantu Corporation as of December 31, 2019, after the company had...

Accounting
Q

pls answer the steps Problem 14-4A Straight-Line: Amortization of bond discount...

Accounting
Q

Roberto purchases two boats for $1,240,000 each during the year, for a total cost of...

Accounting
Q

Power Drive Corporation designs and produces a line of golf equipment and golf apparel. Power...

Accounting
Q

On May 3, Zirbal Corporation purchased 8,000 shares of Its own stock for $80,000 cash....

Accounting