Question
Asked Oct 2, 2019
9 views

Assume that the fund is liquidated at the end of the fourth quarter, what are the arithmetic, time-weighted (geometric), and dollar-weighted average rates of return?

  1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
Assets Under Managment at start of quarter ($ milion) 10 12.5 21.25 9
Holding-period return (%) 15% 30% -20% 25%
Total assets before net inflows 11.5 16.25 17 11.25
Net inflow ($ million) 1 5 -8 6
Assets under managment at end of quarter ($ million) 12.5 21.25 9 17.25
check_circle

Expert Answer

Step 1

Here the Price is determined at the 6 and Demand  is also at 6

Midpoint elasticity is denoted as

((D2-D1)/(D1+D2)/2)

----------------------------------

 ((P2-P1)/(P1+P2)/2)

where the D2 is the new demand, D1 as old demand, P2 is the new price and P1 is the old price.


So from the graph, if the points move from $5 to $4  it would given us elasticity as 3.00

Moving from $5 to ...

Want to see the full answer?

See Solution

Check out a sample Q&A here.

Want to see this answer and more?

Solutions are written by subject experts who are available 24/7. Questions are typically answered within 1 hour.*

See Solution
*Response times may vary by subject and question.

Related Economics Q&A

Find answers to questions asked by student like you
question_answer

Q: Calculate the price elasticity of supply for Barbie's Bakery's cheddar bread. When the price changes...

A: The formula for calculating price elasticity of supply is given below.

question_answer

Q: Here’s a quick problem to test whether you really understand what producer surplus and consumer surp...

A: Consumer surplus: It is calculated by summing the area below the demand curve and above the price li...

question_answer

Q: An economy consists of three workers: Gilberto, Lorenzo, and Sam. Each works 10 hours a day and can ...

A: Hey, thank you for the question but according to our policy we can only answer up to three subparts ...

question_answer

Q: In a market economy, what is the central coordinating mechanism? How does a market economy solve the...

A: Hey, thank you for the questions but according to our policy we answer only one question per session...

question_answer

Q: I need help with questions 4 and 5.

A: Answer 4:Price floor is a type of price control where the government of a nation sets the lowest leg...

question_answer

Q: You rent a car for $29.95. The first 150 miles are free, but each mile thereafter costs 15 cents. Yo...

A: In question 1, it is given that first 150 miles are free while driving. That means, these 150 miles ...

question_answer

Q: Suppose that the demand and supply schedules for rental apartments in the city of Gotham are as give...

A: It is mentioned that the government enforces a price floor which can be defined as the lowest legal ...

question_answer

Q: FOR each of the following events describe in words what happens to the suply, demand, quantity suppl...

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and s...

question_answer

Q: 1. A factual claim about how the world actually works   a. is a positive statement.   b. cannot be p...

A: Hey, Thank you for the question. According to our policy we can only answer upto 3 MCQs per session....

question_answer

Q: ' surplus For each of the scenarios, calculate the surplus and indicate if it is a producer surplus ...

A: The formula of Consumer Surplus = Maximum Price willing to pay – Actual Market priceProducer Surplus...

question_answer

Q: An economist estimated that the cost function of a single-product firm is:                          ...

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and s...

question_answer

Q: Market failure means that?

A: The reasons for the market failure can be due to the: positive and the negative externalities, facto...

question_answer

Q: For problems 1 – 4: The Dolan Corporation, a maker of small engines, determines that in 2019 the dem...

A: Solution- 

question_answer

Q: a Search the web... f a Assignment 2.pdf websites like khan academy Assignment 2 PAssignment 2.pdf f...

A: Table: Willingness to pay of each type of consumer:

question_answer

Q: Under the FCPA, a payment, defined as cash and any other things of value, to a foreign government of...

A: True, a payment to the government official in any form is considered to be a violation of FCPA when ...

question_answer

Q: What were the driving forces behind nickelodeon, movie palaces and multiplexes? How do the reasons r...

A: The Nickelodeon theater programs comprised of many short films in the package. As a result, it was a...

question_answer

Q: Please explain in detail what would happen to our capitalist system when it is confronted with limit...

A: Capitalism is an economic system in which there is least government intervention. Private firms and ...

question_answer

Q: 3.- (From problem 5.3 in the textbook) A nightclub manager realizes that demand for drinks is more e...

A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If y...

question_answer

Q: A key factor that leads to economic growth is?

A: The key factors that leads to an economic growth are human resources, physical capital, natural reso...

question_answer

Q: Later, the teaching assistant in Clancy’s economics course gives him some advice. “Based on past exp...

A: Click to see the answer

question_answer

Q: Hello, I have a problem to solve in my macroeconomics class, I am so lost to begin with, and I would...

A: Hey, Thank you for the question. According to our policy we can only answer upto 3 subparts per sess...

question_answer

Q: 16. Linda consumes two goods: x and y, has preferences that are smooth (utility maximi zation is cha...

A: Marginal rate of Substitution: In economics, the marginal rate of substitution states the point at w...

question_answer

Q: (In this question we denote income by Y, not by W as in the lecture notes). The following figure sho...

A: Giffen goods are the special cases of inferior goods in which an income effects overweighs the subst...

question_answer

Q: While cleaning your apartment, you look under the sofa cushion and find a $50. You deposit this in y...

A: Money Multiplier: It is the amount of money that the banking system generates with each dollar of mo...

question_answer

Q: Question 5 B-D I don’t know how to graph

A: Hey, Thank you for the question. According to our policy we can only answer 3 subparts per question....

question_answer

Q: Napoleon has preferences on bundles of two goods (x,y). Napoleon finds (x,y) is at least as good as ...

A: To determine whether the preferences are transitive or not.

question_answer

Q: 1. Consider the winter activity of skiing. Assume that the rental cost of ski equipment is $120 and ...

A: Hey, Thank you for the question. According to our policy we can only answer 1 question per session. ...

question_answer

Q: explain the issuein the courts’ interpretation of “monopoly versus monopolizing.?

A: Monopoly refers to the situation in which a single firm can control the market in which it operates ...

question_answer

Q: Bill works for a large food service company. In one hour he can make 13 sandwiches or he can make 36...

A: Bill can make either 13 sandwiches in one hour or 36 salads in one hour.If Bill needs to make 33 san...

question_answer

Q: Consumer surplus is equal to the difference between the maximum price a buyer is willing to pay and ...

A: Consumer Surplus: It refers to the difference between the maximum price the buyer is willing to pay ...

question_answer

Q: I need help with questions 9 and 10.

A: Question 9: Price ceiling refers to the price restriction set by the government under which the gove...

question_answer

Q: Suppose GDP is $ 15 trillion, with $ 8 trillion coming from consumption, $ 2.5 trillion coming from ...

A: The correct alternative for the aforementioned question is (C).

question_answer

Q: New cars are normal goods.  What will happen to the equilibrium price of new cars if the price of ga...

A: Normal goods are those goods of which quantity demanded increases as price falls and quantity demand...

question_answer

Q: Consider the following events: Scientists reveal that eating oranges decreases the risk of diabetes,...

A: A study showing that eating oranges reduces the risk of diabetes will increase the demand of oranges...

question_answer

Q: Use for questions 4 -6: The Coolidge Corporation is the only producer of a particular type of laser ...

A: To construct a demand curve related to the product =QD= 8,300 - 2.1P We have TR = PQ.If we solve in ...

question_answer

Q: The following graph shows the labor market for research assistants in the fictional country of Unive...

A: Case 1: Entire tax is collected from workersThe market equilibrium wage rate is given to be $10 per ...

question_answer

Q: A  PPF bows outward because?

A: Answer - Production possibility curve represents the maximum amounts of a pair of goods that can bot...

question_answer

Q: Suppose both the demand for olives and the supply of olives decline by equal amounts over some time ...

A: The supply curve and the demand curve for the product in the market determine the equilibrium price ...

question_answer

Q: What is centeris paribus assumptions

A: To explain the meaning of the assumption of ceteris paribus.

question_answer

Q: . What are some of the economic factors that may have been contributing causes to the American Revol...

A: American Revolution also knows as the war of independence of the United States was held from 1775 to...

question_answer

Q: Question 3 A-G I kind of understand what they are asking but I don’t know what specifically they wan...

A: Hey, Thank you for the question. According to our policy we can only answer 3 subparts per question....

question_answer

Q: the demand for beer is more elastic than the demand for milk. would a tax on beer or a tax on milk h...

A: Deadweight loss: deadweight loss is the loss to society that occurs with the introduction of interna...

question_answer

Q: The accompanying table contains the willingness to pay for 5 students in the market for a new tablet...

A: The given table shows the willingness to pay of the 5 students in the market for new tablet and in t...

question_answer

Q: Consider a demand and supply scenario for 3-D glasses. An independent contracting firm was so kind a...

A: (a)The combination of demand and supply forces determine what amount of goods to be produced and con...

question_answer

Q: The accompanying graph represents a hypothetical corn market. Suppose a significant number of corn f...

A: Equilibrium point:In economics, the equilibrium point refers to the point of intersection at which d...

question_answer

Q: a. What is the effective annual interest rate if the nominal annual interest rate is 10%, compounded...

A: a.The effective Annual interest Rate can be calculated with the help of the nominal annual interest ...

question_answer

Q: Sam has two options this weekend. He could work at his job and earn $9/ hour for three hours, or he ...

A: Next best alternative cost is the opportunity cost. If Sam is going to theatre, he would spend $30 f...

question_answer

Q: Suppose Gus has a pineapple that he would get $3 in enjoyment from consuming and suppose Sean has no...

A: Gains from trade generally measured as the sum of the consumer’s and the producer’s surplus which re...

question_answer

Q: I need help answering number 1

A: The initial cost of the dam is given to be $100,000,000 and the cost of decommissioning the dam is s...

question_answer

Q: The demand curve for a product is given by QDx = 1,200 – 3Px – 0.1Pz, where Pz=$300. a) What is the...

A: Own price elasticity of demand is the measure of change in the quantity demanded of a product due to...