You estimate that your cattle farm will generate $1 million of profits on sales of $5.4 million under normal economic conditions and that the degree of operating leverage is 8.   What will profits be if sales turn out to be $4.7 million?   Note: Negative amount should be indicated by a minus sign. Round your answer to 1 decimal place.   What if they are $6.1 million?   Note: Round your answer to 1 decimal place.

You are attempting to establish the utility that your boss assigns to a payoff of $1,200. You have established that the utility for a payoff of $0 is zero and the utility for a payoff of $10,000 is one. Your boss has just told you that they would be indifferent between a payoff of $1,200 and a lottery which has a payoff of $10,000 where the probability of losing is 0.9. What is your boss' utility for $1,200? (Round your answer to 1 decimal place.) Utility of $1,200

Consider the following information for the Alachua Retirement Fund, with a total investment of $4 million.   [5]                           Stock   Investment      Beta                             A     $   400,000        1.2                             B         600,000      -0.4                             C       1,000,000        1.5                             D       2,000,000        0.8 The market required rate of return is 12 percent, and the risk-free rate is 6 percent.  What is its required rate of return? Stock A has the following probability distribution of expected returns: [5]                         Probability                   Rate of Return                                 0.1                       -15%                                 0.2                       0                                 0.4                       5                                 0.2                       10 25 What is Stock A’s coefficient of variation? What is Stock T’s coefficient of…

I am not sure why i got it marked incorrect