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For Each of the Following Independent Situations,indicate with a "Yes \quad

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For each of the following independent situations,indicate with a "Yes" if the asset is listed property.Indicate with a "No" if the asset is not listed property. a. Airplane used 25 percent for business \quad\quad\quad\quad\quad\quad\quad\quad _________
b. Fleet of cabs \quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad _________
c. A moving van \quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad _________
d. DVD player used 10 percent for business \quad\quad\quad\quad\quad\quad\quad _________
e. A digital camera used 30 percent of the time to list eBay items_________


Definitions:

Time Period

The duration or length of time for which an investment, project, data collection, or any specified activity lasts.

VaR

Value at Risk, a statistical measure used to assess the level of financial risk within a firm, portfolio, or position over a specific time frame.

Normally Distributed Returns

Returns on investment that follow a bell-shaped curve, indicating that most of the returns are concentrated around the mean.

Standard Deviation

A measure of the dispersion of returns for a given security or market index, indicating the degree of volatility.

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