Answer Happy

Question 23 If when a coin is tossed the observance of a head rewards you with a dollar and the observance of a tail costs you fifty cents, how much would you expect to gain after twenty tosses? Hot yet nswered Marked out of Select one Flag Jestion O a $15.00 O b. $5.00 Ο ς, $7.50 O d. $10.00 estion 24 Which of the following statements is correct for an investor starting with $1,000 in common stocks over a 20-year investment horizon in which stocks averaged 11 percent in nominal terms and 4 percent in real terms? The portfolio value is now approximately: yet vered ed out of Select one: 3g tion O a. $3,679 in real terms. O b. $8,062 in nominal terms. $3,870 in nominal terms. od $1,800 in real terms