Creating efficient frontiers using excel. Suppose we have 3 risky assets whose net return has the mean vector and variancecovariance matrix given below: Asset Mean VarianceCovariance Matrix 1 2 3 0.06 0.12 0.03 1 0.3 0.3 0.3 1 0.3 0.3 0.3 1 Weights Ones Mean Portfolio Return 1 1 1 0.176666122 Portfolio Portfolio Portfolio Variance STD Constraint 2.42961 1.558721 1 0.079372 1.603166 -0.68254 To model the portfolio choice problem‚ I begin by highlighting the mean vector and giving
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China‚ with the blooming development of its economy to be the new emerging global power‚ has built a strong economic relationship with African countries and moved it into a new stage where both pros and cons exist from the prospective of African society. (Alessi) China’s growing economic capacity in the past few decades can only be described as phenomenal; it turns China from an underdeveloped country that suffered from poverty into one of the largest economic bodies worldwide. With such outcome
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The age-old double standard of sexuality and gender is a historical and still currently prevalent issue that both male and females both face‚ though one more than the other. A double standard‚ as defined by Merriam Webster‚ is a set of principles that apples differently and usually more rigorously to one group of people or circumstances than to another. It is clearly evident that there are double standards within the sexes regarding sexuality. Women are ridiculed‚ shamed‚ and stigmatized for being
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of a double standard for Women today is a main reason why women become extremely radical. Women that do not appreciate being stereotyped and discriminated against‚ protest in forms of rallying and with lawsuits against people or institutions of society. The areas of society that use or even enforce a double standard against women may consider women to be inferior to men. This idea of superiority is discrimination. Often the work place‚ sports‚ and within homes do we see this idea of a double standard
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Do You Want People Who Have Committed Crimes To Roam the Streets of Our Free Society? Double Jeopardy Takes the Safety and Security that Our Government Promises Us Away. By allowing the double jeopardy rule‚ we are allowing‚ in some cases‚ people to "get away with it‚" as in‚ whatever they had done. You could argue that not all cases this happens‚ as a lot are innocent‚ but even if a few people were free after they had mass-murdered‚ then a lot of lives would be at stake. The reason that (most
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Instructions for Efficient-Frontier Construction a. Estimation The goal is to obtain the raw ingredients – expected returns‚ standard deviations and correlations. Historical data are used for this purpose. As a rule of thumb‚ five years of daily data are probably right (one year should be the absolute minimum). Keep in mind the following: 1) make sure to use the adjusted close prices to calculate returns (so that you won’t have large‚ spurious negative returns due to dividend payments or splits)
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Andrew Johnson Professor Sander Accounting 497 18 February 2015 Northern Frontier Parks‚ Inc. 1. After reading the case‚ I would say that the engagement risk the auditors are facing is fairly high. Up until 1999‚ George Newton‚ the current CEO/CFO of Northern Frontier Parks‚ Inc.‚ was responsible for creating the financial statements‚ which were not being audited or reviewed by anybody. This is an issue because without an audit‚ there is no way to ensure the company’s financials are being correctly
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English 101 02-17-2014 Double Standards Do you have a pet peeve? If so‚ what is it? Is it that of people talking on their cell phone while in the checkout line in a grocery store? Or‚ drivers not using their blinkers while changing lanes? Well‚ one of my biggest pet peeves is double standards or hypocrites. It really bothers me when people say one thing and with their actions do the exact opposite. In the book King Leopold’s Ghost‚ there are three characters that display the most hypocrisy
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Africa 10 A frica lies south of Europe and southwest of Asia. Geographically it is about three times the size of the United States‚ excluding Alaska and Hawaii. At its northeast corner is Egypt‚ which is connected to the Sinai Peninsula—and hence to the Asian continent by a very narrow strip of land. This is the only spot where Africa touches another continent; otherwise‚ it is surrounded by water. The Mediterranean Sea separates it from Europe in the north; the Red Sea and Gulf of
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Africa Bordered by the Indian Ocean to the east‚ Atlantic to the west and Mediterranean to the north; lies the continent as we know called Africa. The longest river‚ which runs about 4‚160 miles‚ is the Nile River and is the survival source for the African people. It provides mode of transportation‚ food and fertile land. Providing a route between the coast and the Sahara Desert‚ the slopes contain cedar‚ pine‚ cork and oak trees. The Sahara Desert separates northern Africa from the rest of
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