Finite Mathematics and Applied Calculus (MindTap Course List)
7th Edition
ISBN: 9781337274203
Author: Stefan Waner, Steven Costenoble
Publisher: Cengage Learning
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Chapter 4.3, Problem 17E
Investing: Inverse Mutual Funds Inverse mutual funds, sometimes referred to as “bear market” or “short” funds, seek to deliver the opposite of the performance of the index or category they track and can thus be used by traders to bet against the stock market. Exercises 17and18 are based on the following table, which shows the performance of three such funds as of February 27, 2015:17
| Year-to-Date Loss (%) | |
| SHPIX (Short Smallcap Profund) | 4 |
| RYURX (Rydex Inverse S&P 500) | 3 |
| RYCWX (Rydex Inverse Dow) | 6 |
You invested a total of $9,000 in the three funds at the beginning of 2015, including equal amounts in RYURX and RYCWX. Your year-to-date loss from the first two funds amounted to $260. How much did you invest in each of the three funds?
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Inverse mutual funds, sometime referred to as “bear market” or “short” funds, seek to deliver the opposite of the performance of the index or category they track and can thus be used by traders to bet against the stock market. The following table shows the performance of three such funds as of February 27, 2015: Year to date loss (%) : SHPIX 4%, RYURX 3%, and RYCWX 6%. You invested a total of $9,000 in the three funds at the beginning of 2015, including equal amounts in RYURX and RYCWX. Your year-to-date loss from the first two funds amounted to $260. How much did you invest in each of the three funds? Solve by row reduction. In your solution, state how much money was invested in each of the funds.
Investing: Inverse ETFs (Exchange Traded Funds) Inverse ETFs, sometimes referred to as "bear market" or "short" funds, are designed to deliver the opposite of the performance of the index or category they track, and so can be used by traders to bet against the stock market. The following table shows the performance of three such funds as of August 5, 2015.†
Year-to-Date
Loss (%)
MYY (ProShares Short Midcap 400) 6
SH (ProShares Short S&P 500) 5
REW (ProShares UltraShort Technology) 7
You invested a total of $13,000 in the three funds at the beginning of 2011, including an equal amount in SH and REW. Your year-to-date loss from the first two funds amounted to $570. How much did you invest in each of the three funds?
MYY$ SH$ REW$
Investing: Inverse ETFs (Exchange Traded Funds) Inverse ETFs, sometimes referred to as "bear market" or "short" funds, are designed to deliver the opposite of the performance of the index or category they track, and so can be used by traders to bet against the stock market. The following table shows the performance of three such funds as of August 5, 2015.†
Year-to-DateLoss (%)
MYY (ProShares Short Midcap 400)
6
SH (ProShares Short S&P 500)
5
REW (ProShares UltraShort Technology)
7
You invested a total of $11,000 in the three funds at the beginning of 2011, including an equal amount in SH and REW. Your year-to-date loss from the first two funds amounted to $520. How much did you invest in each of the three funds?
MYY$ SH$ REW$
Chapter 4 Solutions
Finite Mathematics and Applied Calculus (MindTap Course List)
Ch. 4.1 - In Exercises 1-6, find three different particular...Ch. 4.1 - In Exercises 1-6, find three different particular...Ch. 4.1 - In Exercises 1-6, find three different particular...Ch. 4.1 - Prob. 4ECh. 4.1 - Prob. 5ECh. 4.1 - Prob. 6ECh. 4.1 - In Exercises 7-20, find all solutions of the given...Ch. 4.1 - In Exercises 7-20, find all solutions of the given...Ch. 4.1 - In Exercises 7-20, find all solutions of the given...Ch. 4.1 - In Exercises 7-20, find all solutions of the given...
Ch. 4.1 - Prob. 11ECh. 4.1 - Prob. 12ECh. 4.1 - Prob. 13ECh. 4.1 - Prob. 14ECh. 4.1 - Prob. 15ECh. 4.1 - In Exercises 7-20, find all solutions of the given...Ch. 4.1 - Prob. 17ECh. 4.1 - Prob. 18ECh. 4.1 - In Exercises 7-20, find all solutions of the given...Ch. 4.1 - Prob. 20ECh. 4.1 - Prob. 21ECh. 4.1 - In Exercises 21-30, use technol.ogy to obtain...Ch. 4.1 - Prob. 23ECh. 4.1 - Prob. 24ECh. 4.1 - Prob. 25ECh. 4.1 - Prob. 26ECh. 4.1 - Prob. 27ECh. 4.1 - Prob. 28ECh. 4.1 - Prob. 29ECh. 4.1 - Prob. 30ECh. 4.1 - In Exercises 31-38, translate the given statement...Ch. 4.1 - In Exercises 31-38, translate the given statement...Ch. 4.1 - In Exercises 31-38, translate the given statement...Ch. 4.1 - Prob. 34ECh. 4.1 - Prob. 35ECh. 4.1 - Prob. 36ECh. 4.1 - Prob. 37ECh. 4.1 - Prob. 38ECh. 4.1 - Resource Allocation You manage an ice cream...Ch. 4.1 - Class Scheduling Enormous State Universitys Math...Ch. 4.1 - Nutrition Gerber Products' Gerber Mixed Cereal for...Ch. 4.1 - Nutrition Anthony Altino is mixing food for his...Ch. 4.1 - Nutrition One serving of Campbell Soup Companys...Ch. 4.1 - Nutrition One serving of Campbell Soup Companys...Ch. 4.1 - Protein Supplements Exercises 45-48 are based on...Ch. 4.1 - Prob. 46ECh. 4.1 - Prob. 47ECh. 4.1 - Protein Supplements Exercises 45-48 are based on...Ch. 4.1 - Investments: Tech Stocks In December 2014, Twitter...Ch. 4.1 - Investments: Energy Stocks In the 3-rnonth period...Ch. 4.1 - Investments: Financial Stocks During the first...Ch. 4.1 - Investments: High Dividend Stocks During the first...Ch. 4.1 - Voting An appropriations bill passed the U.S....Ch. 4.1 - Voting The U.S. Senate has 100 members. For a bill...Ch. 4.1 - Prob. 55ECh. 4.1 - Law Five years ago, Enormous State Universitys...Ch. 4.1 - Purchasing (from the GMAT) Elena purchased Brand X...Ch. 4.1 - Purchasing (based on a question from the GMAT)...Ch. 4.1 - Prob. 59ECh. 4.1 - Prob. 60ECh. 4.1 - Prob. 61ECh. 4.1 - Supply and Demand (from the GRE Economics Test) In...Ch. 4.1 - Equilibrium Price In June 2001 the retail price of...Ch. 4.1 - Equilibrium Price At the start of December 2001...Ch. 4.1 - Pollution Joe Slo, a college sophomore, neglected...Ch. 4.1 - Diet The local sushi bar serves 1-ounce pieces of...Ch. 4.1 - Prob. 67ECh. 4.1 - Publishing (from the GMAT) There were 36,000...Ch. 4.1 - Prob. 69ECh. 4.1 - Prob. 70ECh. 4.1 - Both the supply and demand equations for a certain...Ch. 4.1 - Prob. 72ECh. 4.1 - Prob. 73ECh. 4.1 - Prob. 74ECh. 4.1 - Prob. 75ECh. 4.1 - Select one: If the addition or subtraction of two...Ch. 4.1 - Prob. 77ECh. 4.1 - Prob. 78ECh. 4.1 - Prob. 79ECh. 4.1 - Prob. 80ECh. 4.1 - Prob. 81ECh. 4.1 - Prob. 82ECh. 4.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 4.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 4.2 - Prob. 3ECh. 4.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 4.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 4.2 - Prob. 6ECh. 4.2 - Prob. 7ECh. 4.2 - Prob. 8ECh. 4.2 - Prob. 9ECh. 4.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 4.2 - Prob. 11ECh. 4.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 4.2 - Prob. 13ECh. 4.2 - Prob. 14ECh. 4.2 - Prob. 15ECh. 4.2 - Prob. 16ECh. 4.2 - Prob. 17ECh. 4.2 - Prob. 18ECh. 4.2 - Prob. 19ECh. 4.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 4.2 - Prob. 21ECh. 4.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 4.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 4.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 4.2 - Prob. 25ECh. 4.2 - Prob. 26ECh. 4.2 - Prob. 27ECh. 4.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 4.2 - Prob. 29ECh. 4.2 - Prob. 30ECh. 4.2 - Prob. 31ECh. 4.2 - Prob. 32ECh. 4.2 - Prob. 33ECh. 4.2 - Prob. 34ECh. 4.2 - Prob. 35ECh. 4.2 - In Exercises 1-42, use Gauss-Jordan row reduction...Ch. 4.2 - Prob. 37ECh. 4.2 - Prob. 38ECh. 4.2 - Prob. 39ECh. 4.2 - Prob. 40ECh. 4.2 - Prob. 41ECh. 4.2 - Prob. 42ECh. 4.2 - Prob. 43ECh. 4.2 - Prob. 44ECh. 4.2 - In Exercises 43-46, use technology to solve the...Ch. 4.2 - Prob. 46ECh. 4.2 - Prob. 47ECh. 4.2 - Prob. 48ECh. 4.2 - Prob. 49ECh. 4.2 - Prob. 50ECh. 4.2 - Prob. 51ECh. 4.2 - Prob. 52ECh. 4.2 - Prob. 53ECh. 4.2 - Prob. 54ECh. 4.2 - Prob. 55ECh. 4.2 - Prob. 56ECh. 4.2 - Prob. 57ECh. 4.2 - Prob. 58ECh. 4.2 - Prob. 59ECh. 4.2 - Prob. 60ECh. 4.2 - Prob. 61ECh. 4.2 - Prob. 62ECh. 4.2 - Prob. 63ECh. 4.2 - Prob. 64ECh. 4.2 - Prob. 65ECh. 4.2 - Prob. 66ECh. 4.2 - Prob. 67ECh. 4.2 - Prob. 68ECh. 4.3 - Resource Allocation You manage an ice cream...Ch. 4.3 - Resource Allocation You own a hamburger franchise...Ch. 4.3 - Resource Allocation Urban Community College is...Ch. 4.3 - Resource Allocation The Enormous State University...Ch. 4.3 - Latin Music Sales (Digital) In 2013, total...Ch. 4.3 - Latin Music Sales (Digital) In 2012, total...Ch. 4.3 - Purchasing Aircraft In Example 2 we saw that...Ch. 4.3 - Purchasing Aircraft Refer to Exercise 7. Rene...Ch. 4.3 - Supply A bagel store orders cream cheese from...Ch. 4.3 - Supply Refer to Exercise 9. The bagel store's...Ch. 4.3 - Pest Control Halmar the Great has boasted to his...Ch. 4.3 - Manufacturing Perfume The Fancy French Perfume...Ch. 4.3 - Donations The Enormous State University Good Works...Ch. 4.3 - Tenure Professor Walt is up for tenure and wishes...Ch. 4.3 - Airline Costs Exercises 15and16 are based on the...Ch. 4.3 - Airline Costs Exercises 15and16 are based on the...Ch. 4.3 - Investing: Inverse Mutual Funds Inverse mutual...Ch. 4.3 - Investing: Inverse Mutual Funds Inverse mutual...Ch. 4.3 - Investing: Lesser-Known Stocks Exercises 19 and 20...Ch. 4.3 - Investing: Lesser-Known Stocks Exercises 19 and 20...Ch. 4.3 - Internet Audience At the end of 2003 the four...Ch. 4.3 - Internet Audience At the end of 2003 the four...Ch. 4.3 - Market Share: Homeowners Insurance Three market...Ch. 4.3 - Prob. 24ECh. 4.3 - Inventory Control Red Bookstore wants to ship...Ch. 4.3 - Prob. 26ECh. 4.3 - Prob. 27ECh. 4.3 - Prob. 28ECh. 4.3 - Prob. 29ECh. 4.3 - Tobacco The following table shows some data from...Ch. 4.3 - Traffic Flow One-way traffic through Enormous...Ch. 4.3 - Traffic Flow The traffic through downtown East...Ch. 4.3 - Traffic Flow The traffic through downtown...Ch. 4.3 - Prob. 34ECh. 4.3 - Prob. 35ECh. 4.3 - Electric Current Electric current measures (in...Ch. 4.3 - Prob. 37ECh. 4.3 - Prob. 38ECh. 4.3 - Prob. 39ECh. 4.3 - Prob. 40ECh. 4.3 - Prob. 41ECh. 4.3 - Prob. 42ECh. 4.3 - Prob. 43ECh. 4.3 - Prob. 44ECh. 4.3 - Voting In the 75th Congress (1937-1939) the U.S....Ch. 4.3 - Voting In the 75th Congress (1937-1939) there were...Ch. 4.3 - Prob. 47ECh. 4.3 - Prob. 48ECh. 4.3 - Prob. 49ECh. 4.3 - Prob. 50ECh. 4.3 - Prob. 51ECh. 4.3 - Prob. 52ECh. 4.3 - Prob. 53ECh. 4.3 - Prob. 54ECh. 4.3 - Prob. 55ECh. 4.3 - Prob. 56ECh. 4.3 - Prob. 57ECh. 4.3 - Prob. 58ECh. 4 - In Exercises 16, graph the given equations and...Ch. 4 - Prob. 2RECh. 4 - Prob. 3RECh. 4 - Prob. 4RECh. 4 - Prob. 5RECh. 4 - Prob. 6RECh. 4 - Prob. 7RECh. 4 - Prob. 8RECh. 4 - Prob. 9RECh. 4 - Prob. 10RECh. 4 - Prob. 11RECh. 4 - Prob. 12RECh. 4 - Prob. 13RECh. 4 - Prob. 14RECh. 4 - Prob. 15RECh. 4 - Prob. 16RECh. 4 - Prob. 17RECh. 4 - Prob. 18RECh. 4 - Prob. 19RECh. 4 - Exercises 1922 are based on the following equation...Ch. 4 - Prob. 21RECh. 4 - Prob. 22RECh. 4 - In Exercises 2328, let x, y, z, and w represent...Ch. 4 - In Exercises 2328, let x, y, z, and w represent...Ch. 4 - Prob. 25RECh. 4 - Prob. 26RECh. 4 - Prob. 27RECh. 4 - In Exercises 2328, let x, y, z, and w represent...Ch. 4 - Purchasing You are the buyer for OHaganBooks.com...Ch. 4 - Prob. 30RECh. 4 - Prob. 31RECh. 4 - Prob. 32RECh. 4 - Prob. 33RECh. 4 - Equilibrium OHaganBooks.com CEO John OHagan...Ch. 4 - Feeding Schedules Billy-Sean OHagan is John...Ch. 4 - Prob. 36RECh. 4 - Website Traffic OHaganBooks.com has two principal...Ch. 4 - Sales As the buyer at OHaganBooks.com, you are...Ch. 4 - Prob. 39RECh. 4 - Initial Public Offerings (IPOs) Duffin House,...Ch. 4 - Prob. 41RECh. 4 - Prob. 42RECh. 4 - Network Traffic All book orders received at the...Ch. 4 - Prob. 44RECh. 4 - Shipping On the same day that the sales department...Ch. 4 - Transportation Scheduling Duffin House is about to...
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- Redo Exercise 5, assuming that the house blend contains 300 grams of Colombian beans, 50 grams of Kenyan beans, and 150 grams of French roast beans and the gourmet blend contains 100 grams of Colombian beans, 350 grams of Kenyan beans, and 50 grams of French roast beans. This time the merchant has on hand 30 kilograms of Colombian beans, 15 kilograms of Kenyan beans, and 15 kilograms of French roast beans. Suppose one bag of the house blend produces a profit of $0.50, one bag of the special blend produces a profit of $1.50, and one bag of the gourmet blend produces a profit of $2.00. How many bags of each type should the merchant prepare if he wants to use up all of the beans and maximize his profit? What is the maximum profit?arrow_forwardInvesting: Inverse Mutual Funds Inverse mutual funds, sometimes referred to as "bear market" or "short" funds, seek to deliver the opposite of the performance of the index or category they track, and can thus be used by traders to bet against the stock market. This question is based on the following table, which shows the performance of three such funds as of February 27, 2015.† Year-to-date Loss SHPIX (Short Smallcap Profund) 4% RYURX (Rydex Inverse S&P 500) 3% RYCWX (Rydex Inverse Dow) 6% You invested a total of $6,000 in the three funds at the beginning of 2015, including an equal amount in SHPIX and RYURX. Your total year-to-date loss amounted to $260. How much did you invest in each of the three funds? SHPIX $ RYURX $ RYCWX $arrow_forwardInvesting: Inverse Mutual Funds Inverse mutual funds, sometimes referred to as "bear market" or "short" funds, seek to deliver the opposite of the performance of the index or category they track, and can thus be used by traders to bet against the stock market. This question is based on the following table, which shows the performance of three such funds as of February 27, 2015.† Year-to-date Loss SHPIX (Short Smallcap Profund) 4% RYURX (Rydex Inverse S&P 500) 3% RYCWX (Rydex Inverse Dow) 6% You invested a total of $11,000 in the three funds at the beginning of 2015, including an equal amount in RYURX and RYCWX. Your year-to-date loss from the first two funds amounted to $290. How much did you invest in each of the three funds?arrow_forward
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