Instruction 17-5
a Stock Portfolio Has the Following Returns Under

question 55

Multiple Choice

Instruction 17-5
A stock portfolio has the following returns under the market conditions listed below.
$$\begin{array} { l l l } \text { Market Condition } & \text { Probability } & \text { Return } \\\text { Bull } & 0.4 & \$ 200 \\\text { Stable } & 0.3 & \$ 100 \\\text { Bear } & 0.3 & \$ 100\end{array}$$
-Referring to Instruction 17-5,what is the return to risk ratio (RTRR) ?

• A) 2.00
• B) 0.64
• C) 1.08
• D) 1.18

Recognize the importance of a petty cash system and its management.

Understand the application and limitations of internal control systems.

Recognize various types of transactions and their impact on bank reconciliation.

Know the importance and use of electronic transactions in business.

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Definitions:

Original Position

A hypothetical situation in John Rawls' theory where individuals decide on the principles of justice that will structure society, without knowing their place in it.

Rawls

References John Rawls's principle of justice that emphasizes equal basic liberties, equality of opportunity, and addressing the disadvantages through redistributive policies.

Difference Principle

A concept in political philosophy suggesting that social and economic inequalities should be arranged so that they are to the greatest benefit of the least advantaged members of society.

Inequalities

Instances of disparity or unfairness in treatment, opportunities, or resources among individuals or groups.