Situation, Stella wants to build up her emergency fund to $10,000. She has $2,000 now and plans on saving 5320 every month. To model
she creates this equation, where x represents the number of months and y represents the total amount in her emergency fund:
y = 2,000 + 320x
Determine the missing steps and justifications in her work.
y - 2,000 = 2,000 + 320x - 2,000
division property of equality
y - 2,000
320 SX
10,000 - 2,000
320 = 25 = x
8,000 - 200
320 = 24 = x
y - 320
2,000 = x
y - 2,000 = 2,000 - 320x - 2,000
multiplication property of equality
Steps
Justification
y = 2,000+ 320x
given
subtraction property of equality
y - 2,000 = 320x
simplification
y-2,000
320
320x
320
simplificat
substitution and simplification

The total value of your portfolio is $10,000: $3,000 of it is invested in stock a and the remainder invested in stock b. stock a has a beta of 0.8; stock b has a beta of 1.2. the risk premium on the market portfolio is 8%; the risk-free rate is 2%. additional information on stocks a and b is provided below. return in each state state probability of state stock a stock b excellent 15% 15% 5% normal 50% 9% 7% poor 35% -15% 10% what are each stock’s expected return and the standard deviation? what are the expected return and the standard deviation of your portfolio? what is the beta of your portfolio? using capm, what is the expected return on the portfolio? given your answer above, would you buy, sell, or hold the portfolio?

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided

On december 31, 2013, coronado company issues 173,000 stock-appreciation rights to its officers entitling them to receive cash for the difference between the market price of its stock and a pre-established price of $10. the fair value of the sars is estimated to be $5 per sar on december 31, 2014; $2 on december 31, 2015; $10 on december 31, 2016; and $8 on december 31, 2017. the service period is 4 years, and the exercise period is 7 years. prepare a schedule that shows the amount of compensation expense allocable to each year affected by the stock-appreciation rights plan.