Suppose that two-factor-APT holds true. The two factors are: market (MKT) and innovation (INNOV). Also, there are three assets available for trading: 1. Stock A with mean return of 3.5% and variance o

Answers

Answer 1

Based on the given factors and sensitivities, the expected return of Stock A, according to the two-factor APT, would be 8.2%

According to the two-factor APT (Arbitrage Pricing Theory), the expected return of an asset is influenced by two factors: market (MKT) and innovation (INNOV).

In this scenario, we have three assets available for trading: Stock A, Stock B, and Stock C. Let's analyze their characteristics and expected returns based on the provided information.

Stock A:

Mean return: 3.5%

Variance: 0.04

To calculate the expected return of Stock A using the two-factor APT, we need to consider the sensitivities of the asset to each factor. Let's assume that Stock A has sensitivities of 0.8 to the market factor (MKT) and 0.5 to the innovation factor (INNOV).

The expected return of Stock A can be calculated as follows:

Expected Return of Stock A = Risk-free rate + (Sensitivity to MKT * Risk premium for MKT) + (Sensitivity to INNOV * Risk premium for INNOV)

Assuming the risk-free rate is 2%, and the risk premiums for MKT and INNOV are 4% and 6%, respectively, the calculation would be:

Expected Return of Stock A = 2% + (0.8 * 4%) + (0.5 * 6%)

Expected Return of Stock A = 2% + 3.2% + 3%

Expected Return of Stock A = 8.2%

Therefore, based on the given factors and sensitivities, the expected return of Stock A, according to the two-factor APT, would be 8.2%.

In conclusion, the two-factor APT provides a framework for estimating the expected return of an asset based on the sensitivity of the asset to different factors.

By considering the sensitivities of Stock A to the market and innovation factors, we can calculate its expected return using the risk-free rate and risk premiums for each factor.

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Related Questions

PLEASE HELP ME
My career is a traveling nurse

PLEASE HELP MEMy career is a traveling nurse

Answers

Answer:

Step by step explanation

2. Suppose that there are five different lemonade stands in the same neighborhood. Explain
how the lemonade stands meet most of the conditions of perfect competition

Answers

Answer:

Eventually prices will equalize at all five lemonade stands.

Explanation:

Perfect competition is accomplished when, in an appropriate business, all firms have identical price arrangements and there is an adequately substantial amount of these same firms so that the production arrangement of any one firm has no obvious influence on the cost at which it commodity is marketed.

The lemonade made are similar in taste, thus they are identical products. Thus, if a lemonade seller increases the price of their good, buyers can patronise another lemonade seller. As a result, the price of lemonades would be the same among the five sellers.

Also, there is little or no barriers to entry for lemonade sellers.

A perfect competition is a market were there are numerous buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.

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Senath company’s annual report reveals net credit sales of $240,000 and average accounts receivable of $20,000. The report also shows an average inventory balance of $10,000 and cost of goods of $200,000. Based on this information,the accounts receivable turnover is?.

Answers

The accounts receivable turnover is 12

Net credit sales of the company  = $240,000

Average accounts receivable of the company = $20,000

Average inventory balance of the company = $10,000

Total cost of goods = $200,000

The amount of times a corporation collects its typical account over a particular period is measured by the receivable turnover ratio. It is the average number of times a business collects its accounts receivable each year. Generally, a high accounts receivable turnover ratio indicates that a firm is efficient in converting receivables to cash.

Thus,

Calculating the accounts receivable turnover -

= Net credit sales/ Average accounts receivable

= 2,40,000/20,000

= 12

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An evaluation and unbiased opinion of the accuracy of a firm's financial statements can be obtained after a(n) ______ audit.

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An evaluation and unbiased opinion of the accuracy of a firm's financial statements can be obtained after an indepenfent audit.

What is independent audit?

An independent audit  can be described as the examination of the financial records, as well as the accounts, business transactions, accounting practices, as well as the internal controls of a charitable nonprofit by an "independent" auditor.

It should be noted that the  evaluation and unbiased opinion of the accuracy of a firm's financial statements is oner od the thing that can be associated to the indepenfent audit.

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which of the following factors are managers likely to consider when forecasting patient volume? question 7 options: a) past trends in volume b) population growth c) the competitive environment d) answers a. and b. are both correct e) answers a., b., and c. are all correct

Answers

The factors that are managers likely to consider when forecasting patient volume option (d)  Answers (a) and (b)

When forecasting patient volume, managers of healthcare organizations are likely to consider past trends in volume and population growth. By analyzing historical data on patient volume, managers can identify patterns and make predictions about future demand for services. Population growth is also a key factor to consider since it can impact the number of potential patients in a given area.

While the competitive environment could potentially affect patient volume, it is less likely to be a primary factor in forecasting patient volume. Overall, forecasting patient volume accurately is essential for healthcare organizations to allocate resources effectively and provide high-quality care to their patients.

Therefore, the correct option is (d) Answers (a) and (b)

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in the mining of coal, the stage where removing more coal is not worth the marginal cost is known as

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In the mining of coal, the stage where removing more coal is not worth the marginal cost is known as Optimum level of resource use.

What is marginal cost?
The difference in total production costs caused by creating or producing one extra unit is known as the marginal cost in economics. Divide the variation in production costs even by variation in quantity to determine marginal cost. Finding the point at which an organisation can achieve scale economies to improve production as well as overall operations is the goal of marginal cost analysis. The producer may make money if indeed the marginal cost of producing each extra unit is less than the price per unit. The total costs involved in producing an additional good are what is referred to as the marginal cost. Therefore, this can be evaluated by changes in the costs associated with each additional unit.

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Imagine your class has been asked to organize a career fair for your school. Now that you know about all the career clusters, you want to be sure to include each one in the career fair,
Working in small groups, imagine your class has been asked to organize a career fair for your school. Now that you know
Brainstorm how you would begin to organize this career fair. What would you need to do? What information would you
need to have? What permissions would you need to secure? Where will this be held?
Describe your plan below in detail.

Answers

Answer: Organizing a career fair requires knowledge of a variety of career clusters. Here are certain ideas you can use while organizing a career fair:-

After dividing the class into smaller groups assign each group a particular career path on which they can prepare a presentation.Prepare an itinerary for the presentations and assign each group a particular time slot.These itineraries can be distributed as pamphlets to the target audience.Each group can make an effort to invite certain professionals or experts from the field for the occasion.Permission from the School Council and higher authorities might be required for the use of school grounds and auditoriums.Each group must have a leader for the coordination of the activities.The leaders must work together as a team and keep each other updated about the progress of their individual groups.

What would most likely happen if the value of the U.S. dollar fell?
A. Exports would become more expensive.
B. The United States would develop a trade surplus.
c. Imports would become more expensive.
D. The United States would develop a trade deficit.

Answers

Answer:

C

Explanation:

I just did it and got it right :))

If the value of the US dollar fell the imports would become more and more expensive Option(c) is correct.

What happens when US dollar fells?

When the value of US dollar fells it decline the purchasing power internationally which eventually move or translate to the consumer level.

A weak dollar will always increase the cost for importing the oil which lead to the increase in the oil prices so if US dollar fells the value or the amount of inflation will relatively be highly expensive.

Therefore Option(c) is correct.

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Unrelated business income (UBI): a.includes unrelated income from an activity where all the work is performed by volunteers. b.is not created if the activity results in a loss. c.is 100% taxable on the exempt organization's tax return. d.excludes income from the research of a college or hospital.

Answers

Answer:

dmdmdmdmsmqmmfdmmam

Explanation:

memmmcl

If the Market Equilibrium Wage Rate is $105.00 and FC = $1500.00: A. The firm Shuts Down and hires no workers and loses $1500.00 B. The firm hires 45 workers and earns a $1200.00 Economic Profit C. The firm hires 55 workers earns a $975.00 Economic Profit D. The firm hires 40 workers and earns a $1200.00 Economic Profit

Answers

Answer: B. The firm hires 45 workers and earns a $1200.00 Economic Profit

Explanation:

According to the table, when the Market Equilibrium Wage Rate is $105, the number of workers to hire would be 45 and the revenue would be $7,425.

If 45 workers are hired, they would cost:

= 45 * 105 per worker

= $4,725

Added to the fixed cost, the total cost would be:

= 4,725 + 1,500

= $6,225

The profit would be:

= Revenue - cost

= 7,425 - 6,225

= $1,200

If the Market Equilibrium Wage Rate is $105.00 and FC = $1500.00: A. The firm Shuts Down and hires no

sales of cases of soft drinks are up 20% from last year. you sold 500 cases of soft drinks during September of the previous year. based on current demand trends, what would the forecast be for total sales of cases of soft drinks for this September?​

Answers

Answer:

600 cases you welcome :)

Do you think a luxury brand can ever be called good value? Explain your answer


yes like sometimes because in quality or the design and Makes something good.

Answers

I do believe luxurious brands are very picky with there titles

Pure Wakalah Model is described by the following features, except; a Underwriting surplus, if any, will be returned bank to the Takaful fund O b. The operator is rewarded as an agent that manage the Takaful on behalf of the participants OC. The operator is rewarded with a commission which is tied with its performance Od. Investment profits, if any, will be shared according to an agreed ratio Question 4 Not yet answered Marked out of 1.00 P Flag question Among the differences between Family and General Takaful are the following: EXCEPT: O a. General Takaful will not be terminated upon the payment of a claim during the tenure O b. General Takaful cover risk of the participants during certain period with a renewable option General Takaful has one account called participant investment account O O d. General Takaful usually covers for shorter term period than that of Family Takaful Question 5 Not yet answered Marked out of 1.00 P Flag question Previous page Which of the following is the mostly established takaful model? a. Musawamah Ob. Tawwaruq Oc Od. Wakalah Bal Bithaman Ajil Question 7 Not yet answered Marked out of 1.00 P Flag question There are 2 types of Takaful business, which are and. O a. General takaful and household takaful O b. Family takaful and Hazard takaful O e family solidarity takaful business and general takaful business Od. Specific Takaful and general takaful business

Answers

Q4) Among the differences between Family and General Takaful are the following, except: General Takaful will not be terminated upon the payment of a claim during the tenure. (Option A)

Q5) The most established Takaful model is Wakalah. (Option D)

Q7) The two types of Takaful business are General Takaful and Household Takaful.

Q4) Family Takaful and General Takaful are two types of Takaful business models. While both involve risk coverage and mutual cooperation, there are some differences between them. One key distinction is that General Takaful covers risks for a shorter-term period compared to Family Takaful.

Family Takaful provides coverage for longer-term periods, often extending throughout an individual's lifetime or a specified term. On the other hand, General Takaful typically offers coverage for shorter-term durations, such as one year or specific periods based on the participants' needs.

Additionally, in Family Takaful, the policy does not terminate upon the payment of a claim during the tenure. This means that even if a claim is made and paid out, the coverage under the Family Takaful policy continues. However, this is not the case in General Takaful, as the policy may terminate or need to be renewed after a claim is paid.

Q5) Among the various Takaful models, the Wakalah model is the most commonly established and widely used. The Wakalah model operates on the principle of agency, where the operator or Takaful company acts as an agent and manages the Takaful operations on behalf of the participants.

In the Wakalah model, the operator is rewarded with a commission that is tied to its performance in managing the Takaful fund. This model allows for the separation of the Takaful fund's surplus and investment profits from the operator's compensation. Any underwriting surplus is returned to the Takaful fund, and investment profits, if any, are shared according to an agreed-upon ratio.

The Wakalah model provides a transparent and structured approach to managing the Takaful operations, ensuring that the operator's compensation is linked to its performance while safeguarding the interests of the participants and the Takaful fund.

Q7) General Takaful encompasses a range of non-life insurance products and covers various risks, including property, liability, motor, marine, and travel insurance. It provides protection against financial losses arising from these risks for individuals, businesses, and organizations.

On the other hand, Household Takaful is a specific category of Takaful that focuses on providing protection and coverage for individuals and their households. It includes policies related to home insurance, personal accident insurance, medical expenses, and other similar coverages aimed at safeguarding the well-being and assets of individuals and their families.

Both General Takaful and Household Takaful operate based on the principles of Takaful, which emphasize mutual cooperation, risk-sharing, and adherence to Islamic principles. These types of Takaful businesses offer Shari'ah-compliant insurance solutions to individuals and businesses, allowing them to manage their risks while ensuring compliance with Islamic ethical standards.

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Which of the following describes buying insurance? (1 point)
O The premium is a cost that would be higher if the likelihood of the loss were lower.
O A premium is a benefit that the insured receives from the insurer.
O A premium is a cost that increases if the risk of a financial loss increases.
O A copayment is a benefit that might increase if the premium is decreased.

Answers

When purchasing insurance, a premium is a cost that rises as the likelihood of a monetary loss increases.

Is purchasing insurance a risky endeavour?

The right response is transfer, the risk is transferred to the insurance business when an investor, in this situation, purchases an insurance cover. This indicates that the insurance company will compensate the insured should the risk covered by the policy materialise. Consequently, purchasing insurance is a method of transferring risk.

What does the definition of an insurance premium mean?

the monthly premium you pay for health insurance. You typically have to pay a deductible, copayments, and coinsurance in addition to your premium for your health care.

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Apple Corporation acquires 80 percent of Berty Corporation's common shares on January 1, 20×2 On January 2,20×2. Berry acquires 60 percent of Coco Corporation's common stock. Information on company book values on the date of purchase and operating restits for 20×2 is as follows: The fair values of the noncontiolling interests of Beriy and Coco at the dates of acquistion were $60,000 and $80,000, respectively. Required: Select the correct answer for each of the following questions. 2. The amount of 20×2 income assigned to the noncontrolling interest of Coco Corporation is. Apple Corporation acquires 80 percent of Berry Corporation's common shares on January 1, 20X2. On January 2 . 20×2. Berry acquires 60 percent of Coco Corporation's common stock. Information on company book values on the date of purchase and operating results for 20×2 is as follows: The fair values of the noncontrolling interests of Berry and Coco at the dates of acquisition were $60,000 and $80,000. respectively Required: Select the correct answer for each of the following questions. 3. The amount of 20×2 income assigned to the noncontroling interest of Berry Corporation is:

Answers

The amount of 20×2 income assigned to the noncontrolling interest of Berry Corporation is $20,000.

To calculate the amount of 20×2 income assigned to the noncontrolling interest of Berry Corporation, we need to use the equity method of accounting. Under this method, the parent company (Apple Corporation) recognizes its share of the subsidiary's (Berry Corporation) income or loss and the noncontrolling interest's share of the subsidiary's income or loss separately in the consolidated financial statements.
First, we need to calculate the consolidated net income for 20×2. Apple Corporation acquired 80% of Berry Corporation's common shares, which means it has a controlling interest in Berry. Therefore, we need to consolidate the financial statements of both companies.
Assuming that Berry's net income for 20×2 was $100,000 and Coco's net income for 20×2 was $50,000, the consolidated net income would be $195,000 ($100,000 + 80%*$50,000).
Next, we need to calculate the share of net income attributable to the noncontrolling interest of Berry Corporation. The noncontrolling interest represents the portion of Berry Corporation that Apple Corporation does not own (20%).
To calculate the noncontrolling interest's share of Berry's net income, we need to multiply the consolidated net income by the noncontrolling interest percentage:
Noncontrolling interest share of Berry's net income = 20% * $100,000 = $20,000
It's important to note that we also need to adjust the noncontrolling interest's share of the subsidiary's equity for any differences between the book value and fair value of the subsidiary's assets and liabilities at the date of acquisition. In this case, we know that the fair value of the noncontrolling interests of Berry and Coco at the dates of acquisition were $60,000 and $80,000, respectively. However, we do not have enough information to calculate the adjustments required.

Therefore, the amount of 20×2 income assigned to the noncontrolling interest of Berry Corporation is $20,000.

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6. Identify a change in technology during each of the time periods in history below that you believe improved the
way marketing activities were completed. List the example and explain how it contributed to marketing during
that time.
(a) 1900s to 1930s
(b) 1930s to 1950s
(c) 1950s to 1980s
(d) 1980s to today
Answer:

Answers

Answer:

Prior to the 1950s, the production orientation generally held true due to the growing numbers of affluent and middle class people that capitalism had created.

Say’s Law states that the “production of commodities creates, and is the one and universal cause which creates, a market for the commodities produced”.

The emphasis of firms adopting a production orientation of marketing would have been based on the theory of economies of scale, which are the cost advantages that an enterprise obtains due to expansion.

An upper-level is manager proposes that his organization implement a system to consolidate shipping and exception data from multiple carriers so that consumers know when their purchase will ship and when it will arrive. What business strategy does this represent?.

Answers

An upper-level manager proposes that his organization implement a system to consolidate shipping and exception data from multiple carriers so that consumers know when their purchase will ship and when it will arrive. This represents a differentiation business strategy.

What are business strategies?

A business strategy lays out the course of action that will be taken to fulfill the organization's vision and goals, as well as how to make decisions that will increase the company's financial stability in a cutthroat market.

In order to differentiate themselves from the products that their rivals may provide in the market, businesses must offer clients something special, distinctive, and different. Increasing competitive advantage is the main goal of putting a differentiation strategy into practice.

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The part of the letter that would be equivalent to the address on the envelope is called the?

Answers

The part of the letter that is equivalent to the address on the envelope is called the "return address" or "sender's address."

It is typically placed at the top left corner of the letter and includes the sender's name, street address, city, state, and postal code. The return address helps to identify the sender and ensures that the recipient knows where to send any responses or correspondence. It is an important component of a letter as it provides contact information and facilitates communication between the sender and recipient.

The letterhead serves as a professional representation of the sender and their affiliation. It helps the recipient identify the source of the letter and provides a convenient means of communication for future correspondence. Including the letterhead address ensures that the recipient has all the necessary information to respond or contact the sender if needed.

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Paula receives a nonliquidating distribution from Pell Corporation. Paula’s basis for her Pell stock is $10,000. In exchange for her stock, Paula receives real estate with an $8,000 basis and a $15,000 fair market value that is subject to a $2,000 mortgage. What is Paula’s basis in the real estate she received?

Answers

Answer: $13000

Explanation:

From the question, we are told that Paula receives a nonliquidating distribution from Pell Corporation. Paula’s basis for her Pell stock is $10,000 and in exchange for her stock, Paula receives real estate with an $8,000 basis and a $15,000 fair market value that is subject to a $2,000 mortgage.

The amount of Paula’s basis in the real estate she received will be the net fair market value of the real Estate. It should be noted that this is the difference between the market value and the mortgage amount. This will be:

= $15,000 - $2,000

= $13,000

Rachel's take home pay is $600 per month. She pays $200 for rent and utilities, $100 for food,
$5 for medication, and $30 for transportation. How much discretionary income does Rachel
have? I

Answers

Answer:

$265

Explanation:

To find the answer, subtract all of Rachel's expenses from her income. So, add up her expenses ($200-$100-$5-$30) and get $335. Now, subtract them from her income ($600 - $335) We would get $265 as our answer.

Discretionary income means the income available to use as one chooses.

Rachel's discretionary income is $265.

The Faragher/Ellerth defense is a __________ created affirmative defense whereby an employer may avoid vicarious liability by proving that a system was in place that was intended to deter, prevent, report, and correct any harassment.

Answers

The Faragher/Ellerth defense system was created under the civil right acts of 1964 in other to defend claims made against the employer. Hence, the system was judicially created.

The Faragher/Ellerth system is intended to defend several workplace claims such as inhabitable or hostile work environment, sexual harassment, assault and so on.

The system allows the employer to prove that a system was already put in place in other to avoid or take care of all the aforementioned claims.

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(Each question 150-300 word)
1. Explain the link between the level of stress, productivity, procrastination, and time management.
2. What are your common time stealers? How do you eliminate the time stealers? In order for you to open up more time for academic work and beneficial activities, which time stealers would you reduce the most?
3. Conclusion for time management.

Answers

The link between the level of stress, productivity, procrastination, and time management is interconnected. Stress can negatively impact productivity by impairing focus, decision-making abilities, and overall cognitive functioning.

Procrastination, often a result of stress, can further hinder time management and lead to decreased productivity. Effective time management skills help reduce stress levels, improve productivity, and minimize procrastination.

The level of stress affects productivity and time management. High levels of stress can lead to decreased productivity as it impairs concentration, creativity, and problem-solving abilities. When individuals are overwhelmed by stress, they may struggle to effectively manage their time, leading to delays and missed deadlines.

Common time stealers include distractions (e.g., social media, excessive internet surfing), poor prioritization, disorganized workspaces, and lack of clear goals. To eliminate time stealers, one can employ strategies such as setting specific goals, prioritizing tasks, minimizing distractions.

In conclusion, effective time management plays a crucial role in reducing stress, enhancing productivity, and combating procrastination.

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Internal channels of business communication are designed to reach _____.

1) within the business itself
2) coworkers and upper management within the company
3) a small, targeted group of consumers
4) a large percentage of the consumer market

Answers

Answer: coworkers and upper management within the company

Explanation:

Internal channels of business communication are designed to reach coworkers and upper management within the company.

Internal communication is simply the communication that takes place between the workers in a company and the top management. It is an open communication strategy that is used in order to carry everyone along and also achieve organizational goals.

painting expenses is debit or credit​

Answers

Answer:

Debit

Explanation:

If its not a house or a big invesment into a buisness it is debit

Credit
Bc painting expenses need credit

if a loan isn‘t repaid, the__ of the borrower—used as security for the debt—could be sold by the lender.

Answers

If the loan is not repaid, the collateral of the borrower - used as security for the debt - could be sold by the lender.

What is collateral?

Collateral is the asset that a lender accepts as security for extending a loan. If the borrower doesn't make payments, the lender may take the security. Simply put, collateral is something of value that a lender may take from a borrower if the latter fails to repay a loan in accordance with the terms set forth.

It is an asset or other type of tangible property that the borrower possesses, such as a home, animals, a car, etc. The borrower receives loans from the banks based on these assets. The lender has security provided by the collateral. Therefore, collateral serves as a guarantee to the bank so that, in the event that the borrower defaults on the loan, the bank may sell the collateral and recover the loan balance.

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roberta, a customer service manager, tracks monthly complaints and has been trying over the past six months to reduce complaints to less than 0.2 percent through additional training for her staff. she is engaged in:

Answers

Controlling is done in management sonas to ensure that things or activities are in order. Roberta is engaged in Controlling.

Controlling in management describe the act of helping to seek planned results from the subordinates, managers at a firm.

The controlling function helps one to know the progress that has being made in achieving the organizational goals and brings any deviations. it also indicate or show corrective action.

Conclusively, the Control managers or personnel to check errors in order to take corrective actions.

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Which of the following statements regarding marketing entrepreneurship is
true?
O A. Most marketing entrepreneurs specialize in a particular marketing
niche.
B. Most marketing entrepreneurs do not have a specialty because
they need to appeal to a broad range of clients.
C. Most marketing entrepreneurs are recent college graduates.
D. Most marketing entrepreneurs have strong hard skills, but weak
soft skills.

Answers

Answer:C

Explanation: The option is illogical as anybody can be a marketing entrepreneur and not just a college graduate.

Most marketing entrepreneurs are recent college graduates statements regarding marketing entrepreneurship is true. Thus option C is correct.

What is entrepreneurship?

The invention or extraction of economic benefit is referred to as entrepreneurship. According to this definition, innovation is seen as a transformation that typically involves greater risk than is typical when beginning a business and may also involve values other than just financial ones.

Entrepreneurs are people who start their own businesses, take on all the significant risks, and reap the profits. An individual must be imaginative, creative, and self-assured enough to take the needed risks in order to start a new firm. The claim that the majority of marketing businesses are recent college grads is accurate.

Therefore, option C is the correct option.

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If a company mistakenly counts less items during a physical inventory than actually exist, how will the error affect the cost of merchandise sold?.

Answers

The error will be declared as overstated.

What is overstated?

If an account or a figure on an account is inflated, the amount represented on the financial statement will be more than it should be.

Auditors will question the board of directors of the corporation to explain why non-current assets in the accounts were exaggerated and not represented at their recoverable amount.

Preproduction expenses for the fiscal year 2010 were inflated by almost $4 million, totaling $55.4 million.

If an account or a figure on an account is inflated, the amount represented on the financial statement will be more than it should be.

The phrase "overstated" has two meanings when used by an accountant:

1. The reported sum is inaccurate, and

2. The amount that was reported exceeds what is true or accurate.

Another account will also have an inaccurate balance in a double-entry accounting or bookkeeping system.

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If a company mistakenly counts less items during a physical inventory than actually exist, how will the error affect the cost of merchandise sold?

How much would $20,000 due in 50 years be worth today if the discount rate were 7.5%?a. $438.03b. $461.08c. $485.35d. $510.89e. $537.78

Answers

Answer:

The present value is $537.78

Explanation:

Given

\(Future\ Value\ (FV) = \$20,000\\Time (T) = 50\ Years\\Discount\ Rate\ (R)= 7.5\%\)

Required

The Present Value(I)

To calculate the present value, we simply apply the formula for future value;

\(FV = I *(1 + R)^T\)

Substitute 20,000 for FV; 50 for T and 7.5% for R;

This gives

\(20,000 = I *(1 + 7.5\%)^{50}\)

Convert percent to decimal

\(20,000 = I *(1 + 0.075)^{50}\)

\(20,000 = I *(1.075)^{50}\)

\(20,000 = I *37.19\)

Divide both sides by 37.19

\(\frac{20,000}{37.19} = \frac{I *37.19}{37.19}\)

\(\frac{20,000}{37.19} = I\)

\(537.778 = I\)

\(I = 547.78\ (Approximated)\)

Hence, the present value is $537.78

Describe how a high level of flexibility would affect your performance in softball. Consider the benefits in many aspects of softball.

Answers

Answer:

you would be able to jump higher

you would be able to run quicker

you would be able to catch the ball better

Hope this helps!

Answer:

With a high level of flexibility for a volleyball player physical performance and muscle coordination would improve, it can even enhance the enjoyment of playing. One would be able to jump higher, move quicker and maybe even hit the ball further and all of this put together hopefully win too.

Explanation:

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