Diversification: Helen have 1/5 of her portfolio within U.S stocks, 1/8 of her portfolio surrounded by European stocks,?
and 1/10 of her portfolio surrounded by Japanese stocks. The remainder is invested in municipal bonds. What fraction of her portfolia is invested in municipal bonds? What percent is invested in municipal bonds?
laurah_42(a)YAH00.com
Answers:
There is 57.5% in muni bonds.
23/40 of the portfolio is in muni bonds
You necessitate to find the Lowest adjectives demoninator (in this defence 40 which can be divided evenly by 8, 5, & 10)
Then, you convert adjectives the fractions to 40ths.
8/40 U.S. Stocks (1/5 * 8/8 = 8/40)
5/40 European Stock (1/8 * 5/5 = 5/40)
4/40 Jap Stock (1/10 * 4/4 = 4/40)
Adding 8+5+4 you seize 17/40 are spoken for. That leaves (40-17)/40 gone for the municipal bonds 23/40
23/40 = .575 or 57.5%
I hope this help.
Do your own homework next to your calculator. This forum isn't here to help out you next to testing question.
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laurah_42(a)YAH00.com
Answers:
There is 57.5% in muni bonds.
23/40 of the portfolio is in muni bonds
You necessitate to find the Lowest adjectives demoninator (in this defence 40 which can be divided evenly by 8, 5, & 10)
Then, you convert adjectives the fractions to 40ths.
8/40 U.S. Stocks (1/5 * 8/8 = 8/40)
5/40 European Stock (1/8 * 5/5 = 5/40)
4/40 Jap Stock (1/10 * 4/4 = 4/40)
Adding 8+5+4 you seize 17/40 are spoken for. That leaves (40-17)/40 gone for the municipal bonds 23/40
23/40 = .575 or 57.5%
I hope this help.
Do your own homework next to your calculator. This forum isn't here to help out you next to testing question.