NO.PZ201803130100000602 问题如下 Construtheoverall goals-baseasset allocation for the Armstrongs given their three goalsanAbbott’s suggestion for investing any excess capital. Show yourcalculations.Show your calculations. Guiline Answer:■ The mole thshoulselectefor eagois the one thoffers the highest return given the time horizon anrequireprobability of success.■ Approximately 16.4%, 12.7%, 50.4%, an20.5% shoulinvestein Moles an respectively. The appropriate goals-baseallocation for the Armstrongs is follows:Supporting calculations:For Go1, whiha time horizon of five years ana requireprobability of success of 85%, Mole C shoulchosen because its 4.4% expectereturn is higher ththe expectereturns of all the other moles. The present value of Go1 is calculatefollows:N = 5, FV = –5,000,000, I/Y = 4.4%; CPT PV = $4,031,508 (or $4.03 million)So, approximately 50.4% of the totassets of $8 million (= $4.03 million/$8.00 million) shoulallocateto Mole For Go2, whiha time horizon of 10 years ana requireprobability of success of 99%, Mole B shoulchosen because its 2.2% expectereturn is higher ththe expectereturns of all the other moles. The present value of Go2 is calculatefollows:PV=$100,000/(1.022)1+$100,000(1.03)1/(1.022)2+$100,000(1.03)2/(1.022)3+...+$100,000(1.03)9/(1.022)10PV = $1,013,670 (or $1.01 million)So, approximately 12.7% of the totassets of $8 million (= $1.01 million/$8.00 million) shoulallocateto Mole For Go3, whiha time horizon of 25 years ana requireprobability of success of 75%, Mole shoulchosen because its 7.5% expectereturn is higher ththe expectereturns of all the other moles. The present value ofGo3 is calculatefollows:N = 25, FV = –10,000,000, I/Y = 7.5%; CPT PV = $1,639,791 (or $1.64 million)So, approximately 20.5% of the totassets of $8 million (= $1.64 million/$8.00 million) shoulallocateto Mole Finally, the surplus of $1,315,032 (= $8,000,000 – $4,031,508 – $1,013,670 –$1,639,791), representing 16.4% (= $1.32 million/$8.00 million), shoulinvestein Mole A following Abbott’s suggestion. PV2 = 1067212 13.34% I/Y = (1+2.2%)/(1+3%)-1 = -0.78%PMT = 100000 * 1.03 = 103000N = 10FV = 0这为什么错了呢
2024-02-09 14:42
1 · 回答
NO.PZ201803130100000602 问题如下 Construtheoverall goals-baseasset allocation for the Armstrongs given their three goalsanAbbott’s suggestion for investing any excess capital. Show yourcalculations.Show your calculations. Guiline Answer:■ The mole thshoulselectefor eagois the one thoffers the highest return given the time horizon anrequireprobability of success.■ Approximately 16.4%, 12.7%, 50.4%, an20.5% shoulinvestein Moles an respectively. The appropriate goals-baseallocation for the Armstrongs is follows:Supporting calculations:For Go1, whiha time horizon of five years ana requireprobability of success of 85%, Mole C shoulchosen because its 4.4% expectereturn is higher ththe expectereturns of all the other moles. The present value of Go1 is calculatefollows:N = 5, FV = –5,000,000, I/Y = 4.4%; CPT PV = $4,031,508 (or $4.03 million)So, approximately 50.4% of the totassets of $8 million (= $4.03 million/$8.00 million) shoulallocateto Mole For Go2, whiha time horizon of 10 years ana requireprobability of success of 99%, Mole B shoulchosen because its 2.2% expectereturn is higher ththe expectereturns of all the other moles. The present value of Go2 is calculatefollows:PV=$100,000/(1.022)1+$100,000(1.03)1/(1.022)2+$100,000(1.03)2/(1.022)3+...+$100,000(1.03)9/(1.022)10PV = $1,013,670 (or $1.01 million)So, approximately 12.7% of the totassets of $8 million (= $1.01 million/$8.00 million) shoulallocateto Mole For Go3, whiha time horizon of 25 years ana requireprobability of success of 75%, Mole shoulchosen because its 7.5% expectereturn is higher ththe expectereturns of all the other moles. The present value ofGo3 is calculatefollows:N = 25, FV = –10,000,000, I/Y = 7.5%; CPT PV = $1,639,791 (or $1.64 million)So, approximately 20.5% of the totassets of $8 million (= $1.64 million/$8.00 million) shoulallocateto Mole Finally, the surplus of $1,315,032 (= $8,000,000 – $4,031,508 – $1,013,670 –$1,639,791), representing 16.4% (= $1.32 million/$8.00 million), shoulinvestein Mole A following Abbott’s suggestion. 老师,go2在求present value是 计算器有没有快捷算法,按照解析给的公式,考试根本不可能算出来。
2024-01-31 21:18
1 · 回答
NO.PZ201803130100000602问题如下Construtheoverall goals-baseasset allocation for the Armstrongs given their three goalsanAbbott’s suggestion for investing any excess capital. Show yourcalculations.Show your calculations. Guiline Answer:■ The mole thshoulselectefor eagois the one thoffers the highest return given the time horizon anrequireprobability of success.■ Approximately 16.4%, 12.7%, 50.4%, an20.5% shoulinvestein Moles an respectively. The appropriate goals-baseallocation for the Armstrongs is follows:Supporting calculations:For Go1, whiha time horizon of five years ana requireprobability of success of 85%, Mole C shoulchosen because its 4.4% expectereturn is higher ththe expectereturns of all the other moles. The present value of Go1 is calculatefollows:N = 5, FV = –5,000,000, I/Y = 4.4%; CPT PV = $4,031,508 (or $4.03 million)So, approximately 50.4% of the totassets of $8 million (= $4.03 million/$8.00 million) shoulallocateto Mole For Go2, whiha time horizon of 10 years ana requireprobability of success of 99%, Mole B shoulchosen because its 2.2% expectereturn is higher ththe expectereturns of all the other moles. The present value of Go2 is calculatefollows:PV=$100,000/(1.022)1+$100,000(1.03)1/(1.022)2+$100,000(1.03)2/(1.022)3+...+$100,000(1.03)9/(1.022)10PV = $1,013,670 (or $1.01 million)So, approximately 12.7% of the totassets of $8 million (= $1.01 million/$8.00 million) shoulallocateto Mole For Go3, whiha time horizon of 25 years ana requireprobability of success of 75%, Mole shoulchosen because its 7.5% expectereturn is higher ththe expectereturns of all the other moles. The present value ofGo3 is calculatefollows:N = 25, FV = –10,000,000, I/Y = 7.5%; CPT PV = $1,639,791 (or $1.64 million)So, approximately 20.5% of the totassets of $8 million (= $1.64 million/$8.00 million) shoulallocateto Mole Finally, the surplus of $1,315,032 (= $8,000,000 – $4,031,508 – $1,013,670 –$1,639,791), representing 16.4% (= $1.32 million/$8.00 million), shoulinvestein Mole A following Abbott’s suggestion. 如题irr是不是应该用每个portfolio 的expectereturn,而不是在特定年限和概率下的return
2024-01-21 17:25
1 · 回答
NO.PZ201803130100000602 问题如下 Construtheoverall goals-baseasset allocation for the Armstrongs given their three goalsanAbbott’s suggestion for investing any excess capital. Show yourcalculations.Show your calculations. Guiline Answer:■ The mole thshoulselectefor eagois the one thoffers the highest return given the time horizon anrequireprobability of success.■ Approximately 16.4%, 12.7%, 50.4%, an20.5% shoulinvestein Moles an respectively. The appropriate goals-baseallocation for the Armstrongs is follows:Supporting calculations:For Go1, whiha time horizon of five years ana requireprobability of success of 85%, Mole C shoulchosen because its 4.4% expectereturn is higher ththe expectereturns of all the other moles. The present value of Go1 is calculatefollows:N = 5, FV = –5,000,000, I/Y = 4.4%; CPT PV = $4,031,508 (or $4.03 million)So, approximately 50.4% of the totassets of $8 million (= $4.03 million/$8.00 million) shoulallocateto Mole For Go2, whiha time horizon of 10 years ana requireprobability of success of 99%, Mole B shoulchosen because its 2.2% expectereturn is higher ththe expectereturns of all the other moles. The present value of Go2 is calculatefollows:PV=$100,000/(1.022)1+$100,000(1.03)1/(1.022)2+$100,000(1.03)2/(1.022)3+...+$100,000(1.03)9/(1.022)10PV = $1,013,670 (or $1.01 million)So, approximately 12.7% of the totassets of $8 million (= $1.01 million/$8.00 million) shoulallocateto Mole For Go3, whiha time horizon of 25 years ana requireprobability of success of 75%, Mole shoulchosen because its 7.5% expectereturn is higher ththe expectereturns of all the other moles. The present value ofGo3 is calculatefollows:N = 25, FV = –10,000,000, I/Y = 7.5%; CPT PV = $1,639,791 (or $1.64 million)So, approximately 20.5% of the totassets of $8 million (= $1.64 million/$8.00 million) shoulallocateto Mole Finally, the surplus of $1,315,032 (= $8,000,000 – $4,031,508 – $1,013,670 –$1,639,791), representing 16.4% (= $1.32 million/$8.00 million), shoulinvestein Mole A following Abbott’s suggestion. Construthe overall goals-baseasset allocation for the Armstrongs given their three goals anAbbott’s suggestion for investing any excess capital. Show your calculations.解析Guiline Answer:■ The mole thshoulselectefor eagois the one thoffers the highest return given the time horizon anrequireprobability of success.■ Approximately 16.4%, 12.7%, 50.4%, an20.5% shoulinvestein Moles an respectively. The appropriate goals-baseallocation for the Armstrongs is follows:Supporting calculations:For Go1, whiha time horizon of five years ana requireprobability of success of 85%, Mole C shoulchosen because its 4.4% expectereturn is higher ththe expectereturns of all the other moles. The present value of Go1 is calculatefollows:N = 5, FV = –5,000,000, I/Y = 4.4%; CPT PV = $4,031,508 (or $4.03 million)So, approximately 50.4% of the totassets of $8 million (= $4.03 million/$8.00 million) shoulallocateto Mole C.For Go2, whiha time horizon of 10 years ana requireprobability of success of 99%, Mole B shoulchosen because its 2.2% expectereturn is higher ththe expectereturns of all the other moles. The present value of Go2 is calculatefollows:PV=$100,000/(1.022)1+$100,000(1.03)1/(1.022)2+$100,000(1.03)2/(1.022)3+...+$100,000(1.03)9/(1.022)10PV = $1,013,670 (or $1.01 million)So, approximately 12.7% of the totassets of $8 million (= $1.01 million/$8.00 million) shoulallocateto Mole B.For Go3, whiha time horizon of 25 years ana requireprobability of success of 75%, Mole shoulchosen because its 7.5% expectereturn is higher ththe expectereturns of all the other moles. The present value ofGo3 is calculatefollows:N = 25, FV = –10,000,000, I/Y = 7.5%; CPT PV = $1,639,791 (or $1.64 million)So, approximately 20.5% of the totassets of $8 million (= $1.64 million/$8.00 million) shoulallocateto Mole Finally, the surplus of $1,315,032 (= $8,000,000 – $4,031,508 – $1,013,670 –$1,639,791), representing 16.4% (= $1.32 million/$8.00 million), shoulinvestein Mole A following Abbott’s suggestion.老师好,请问这道题如果在考试时,需要写这么多吗???题目里说“Show your calculations.”那supporting calculations需要写这么完整吗?
2023-12-24 10:19
2 · 回答
NO.PZ201803130100000602 问题如下 Construtheoverall goals-baseasset allocation for the Armstrongs given their three goalsanAbbott’s suggestion for investing any excess capital. Show yourcalculations.Show your calculations. Guiline Answer:■ The mole thshoulselectefor eagois the one thoffers the highest return given the time horizon anrequireprobability of success.■ Approximately 16.4%, 12.7%, 50.4%, an20.5% shoulinvestein Moles an respectively. The appropriate goals-baseallocation for the Armstrongs is follows:Supporting calculations:For Go1, whiha time horizon of five years ana requireprobability of success of 85%, Mole C shoulchosen because its 4.4% expectereturn is higher ththe expectereturns of all the other moles. The present value of Go1 is calculatefollows:N = 5, FV = –5,000,000, I/Y = 4.4%; CPT PV = $4,031,508 (or $4.03 million)So, approximately 50.4% of the totassets of $8 million (= $4.03 million/$8.00 million) shoulallocateto Mole For Go2, whiha time horizon of 10 years ana requireprobability of success of 99%, Mole B shoulchosen because its 2.2% expectereturn is higher ththe expectereturns of all the other moles. The present value of Go2 is calculatefollows:PV=$100,000/(1.022)1+$100,000(1.03)1/(1.022)2+$100,000(1.03)2/(1.022)3+...+$100,000(1.03)9/(1.022)10PV = $1,013,670 (or $1.01 million)So, approximately 12.7% of the totassets of $8 million (= $1.01 million/$8.00 million) shoulallocateto Mole For Go3, whiha time horizon of 25 years ana requireprobability of success of 75%, Mole shoulchosen because its 7.5% expectereturn is higher ththe expectereturns of all the other moles. The present value ofGo3 is calculatefollows:N = 25, FV = –10,000,000, I/Y = 7.5%; CPT PV = $1,639,791 (or $1.64 million)So, approximately 20.5% of the totassets of $8 million (= $1.64 million/$8.00 million) shoulallocateto Mole Finally, the surplus of $1,315,032 (= $8,000,000 – $4,031,508 – $1,013,670 –$1,639,791), representing 16.4% (= $1.32 million/$8.00 million), shoulinvestein Mole A following Abbott’s suggestion. PV=$100,000/(1.022)1+$100,000(1.03)1/(1.022)2+$100,000(1.03)2/(1.022)3+...+$100,000(1.03)9/(1.022)10PV = $1,013,670 (or $1.01 million)老师,这个计算可以用计算器公式来算么?还是需要一项一项按计算器呢
2023-12-17 19:34
2 · 回答