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Could anyone please explain to me what the 'dominance argument' is about?? thanks in advance, studymon

thanks for the responses! i get it now :-D

For this question: Steve is more risk-averse than Edie. On a graph that shows Steve and Edie's indifference curves, which of the following is true? Assume that the graph shows expected return on the vertical axis and standard deviation on the horizontal axis. and here are the answers (both...

For this question: In the mean-standard devidation graph, which one of the following statements is true regarding the indifference curve of a risk-averse investor? c) It is the combination of portfolios that offer the same utility according to returns and standard deviations. d) it is the...

oh and another thing, are the individual points that make up the indifference curve a representation of the 'individual sets of portfolios'?

I know that you can move ALONG the line either by borrowing or lending at the risk free rate. But how do you SHIFT the line (i.e. move the curve up or down the graph)?? studymon,

during our first ACCT quizz for the semester, i had to decide whether the following statement was true or false: 'All direct costs are manufacturing costs' ...i decided that it was true, but later i found out that it was false... so then, what kinds of direct costs are non-manufacturing...

i get what you are saying, but i dont understand why 'the touching point is when the weighting of the riskless asset is 0%'....i thought the tangency portfolio consisted of a portion of risky and risk-free assets..............isnt it? edit: actually...i get that now!!

In the textbook it says that: The optimal risky portfolio of all investors is simply a share of the market porfolio. i dont get why and how this can be...what is the market portfolio?...could someone please explain? and is the tangency portfolio the market porfolio? OR is the tangency...

thanks heaps!

I get how if 'you sell short 100 shares of company A at a market price of $45 per share' that your 'maximum possible loss will be UNLIMITED'. But how about 'possible gains'? ...is that limited to $4500? can you possibly have shares that are NEGATIVELY PRICED? studymon,

Im having a bit of a difficulty understanding why this question is calculated as such...ive found the answer, but i dont understand the formula. Here is the question: Assume you sold short 100 shares of common stock at $50 per share. The initial margin is 60%. What would be the maintanence...

hi there, im going into 2nd year commerce and am thinking of doing CA.. i know there are the six steps to becoming a chartered accountant: For Australian students: Choose an approved university business or commerce degree Choose an accounting major Complete the degree Work in a Chartered...

thanks so much for the reply! :-)

thanks for the reply!

hi there, just wondering - to those of you who have done FINS2643 - what the course is like, whether it is extremely hard to pass, whether there is heaps of group work/assignments/presentations etc. and any other comment you'd like to make on the course, thanks, studymon

hi there, im a commerce undergrad. (2nd year) planning to major in accounting and finance im planning on doing ACCT2522 and LEGT 2721 and FINS2624 and FINS3616 im wondering: is this a terrible combination of subjects for one semester?? and if so, which subjects do you recommend?? lastly...

that is yuck. considering that means she must pay twice more than me...baaaa

yeh thats what i thought too....do you think there is anything i can do?

hi there, my friend from nz is coming over to australia in a couple of hours... knowing how expensive transport fares are here in australia, i wanted to ask whether she can use her uni student card to obtain rights to purchase 'consession/student' fares instead of 'adult' ones?? and if not, do...