Peter owns investment alpha and 1 share of stock bravo. The total value of his holdings is $300. Stock Bravo is expected to be priced at $40 in 4 years, is expected to pay dividends of $3 in 1 year and $4 in 3 years, and has an annual expected return of 12 percent. Investment Alpha has an expected return of X and is expected to pay $31 per year for a finite number of years such that its first annual payment is expected in 1 year from today and its last annual payment is expected in 10 years from today. What is X, the expected return for investment Alpha?

Emery pharmaceutical uses an unstable chemical compound that must be kept in an environment where both temperature and humidity can be controlled. emery uses 825 pounds per month of the chemical, estimates the holding cost to be 50% of the purchase price (because of spoilage), and estimates order costs to be $48 per order. the cost schedules of two suppliers are as follows: vendor 1 vendor 2 quantity price/lb quantity price/lb 1-499 $17 1-399 $17.10 500-999 $16.75 400-799 $16.85 1000+ $16.50 800-1199 $16.60 1200+ $16.25 (a) what is the economic order quantity for each supplier? (b) what quantity should be ordered and which supplier should be used? (c) the total cost for the most economic order sire is $