Use the Table for the Question(s) Below

question 39

Multiple Choice

Use the table for the question(s) below.
Consider the following expected returns, volatilities, and correlations:

-The expected return of a portfolio that is consists of a long position of $10000 in Wal-Mart and a short position of $2000 in Microsoft is closest to:

• A) 21%
• B) 12%
• C) 27%
• D) 18%

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Definitions:

Financing Sections

Parts of financial statements or documents that deal with the sources of a company's funds, including equity and debt financing.

Indirect Method

A method used in cash flow statements to adjust net income for changes in non-cash accounts to calculate cash provided by operating activities.

Direct Method

A cash flow statement preparation approach that shows the specific sources of operating cash receipts and payments.

Accounts Payable

Liabilities owed by a business to creditors for goods and services purchased on credit which are payable within a year.