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Binomial Distribution
1. What is the expected number of CPA financial advisors that have an average client size between $500,000 and $1 million? What is the expected number with an average client size between $1 million and $5 million?
2. What is the probability that at least eight CPA financial advisors have an average client size between $500,000 and $1 million?
3. What is the probability that two, three or four CPA financial advisors have an average client size between $1 million and $5 million?
4. What is the probability that none of the CPA financial advisors have an average client size between $500,000 and $1 million? What is the probability that none have an average client size between $1 million and $5 million? Which probability is higher and why?
Each year, rare coins increase in price at a three percent rate. She believes that if she invests her money for one year, she should be able to buy 26 coins for what 25 coins would cost today. What is her real interest rate or reward for waiting?
comparing investment criteria. define each of the following investment rules and discuss any potential shortcomings of
You are to conduct an analysis and evaluation of the capital structures and costs of capital for three publicly held firms in the same industry over a history of 5 years. The firms are Dell, HP and Apple. You are to follow the guidelines that were..
If you believe that the purchasing-power parity theory holds, and if the current exchange rate is 12 rubles per dollar, would you expect the exchange rate to change? In what direction? If the current exchange rate is 12 rubles per dollar, how much is..
companies with rapidly growing levels of sales do not need to worry about raising funds from outside the firm. do you
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it is sometimes suggested that stocks with low price-earnings ratios tend to be under priced. describe a possible test
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