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Total number of stock shares secured annually: CMS
Average financial return per client: SR
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
65%
(hard)
Question Stats:
72% (02:57) correct
28%
(03:14)
wrong
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A local bank services a total of C clients. These clients can choose from a variety of investment options. M represents the percentage of clients who choose money market accounts as their primary investment type. For each client who invests funds in a money market account, the bank buys an average of S shares in financially reliable stock.
Assume the average return per share is R. In the table, select the expression that represents the total number of stock shares the bank must secure annually to support its current money-market-account client base, and then select the expression that represents the average monetary value of a single client's annual return on his or her money-market-account investment. Make only two selections, one in each column.
Assume the average return per share is R. In the table, select the expression that represents the total number of stock shares the bank must secure annually to support its current money-market-account client base, and then select the expression that represents the average monetary value of a single client's annual return on his or her money-market-account investment. Make only two selections, one in each column.
| Total number of stock shares secured annually | Average financial return per client | |
| CSR/M | ||
| CMS | ||
| CS/(1+M) | ||
| CSR | ||
| SR | ||
| C/M |
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Total number of stock shares secured annually: CMS
Average financial return per client: SR
20 Nov 2023, 19:15
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Sajjad1994
Question 1: find total number of shares the bank must secure:
According to question: C = Clients , M ="%" of clients who invest in Money market account , S = number of share for each money market account.
To find the total number of shares we need to find the number of clients and multiply with number of shares for each account.
Therefore, C*M = Number of clients who invest in Money market account
Final answer , C*M*S
Question 2: Find average financial return per client:
According to the question, average return per share is R while S = average number of share for each account.
Therefore, To find financial return per client, we simply multiply these .
Final Answer, R*S
