The Expected Returns for Hickory Inc

question 75

Multiple Choice

The expected returns for Hickory Inc.and Dickory Inc.are 8 percent and 13 percent,respectively.The standard deviation is 12 percent for Hickory and 18 percent for Dickory.What is the portfolio standard deviation if 40 percent of the portfolio is in Hickory and there is no relationship between the returns on the two securities?

• A) 0.7108%
• B) 1.3968%
• C) 8.4309%
• D) 11.8186%

Understand the implications of the FTC rules established in the 1970s for protecting consumers against HDC abuses.

Recognize and distinguish between "real" and "personal" defenses available against claims made by holders or HDCs.

Understand the concept of negotiation and the role of endorsements in the transferability of negotiable instruments.

Understand the definition and characteristics of negotiable instruments.

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Definitions:

Internationalism

A political principle which advocates for greater political or economic cooperation among nations and peoples across the globe.

Rationing

The controlled distribution of scarce resources, goods, or services, often implemented during shortages to ensure fair and equitable access.

Consumer Goods

Products that are purchased for consumption by the average consumer, typically including items like food, clothing, and household products.

Unemployment

The condition of being jobless and actively seeking employment, often used as a key indicator of economic health.