FINANCIAL 3062
Capella University
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Sophia Finance Challenge 01-03
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Sophia Finance Challenge 01-03
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Sophia Finance Challenge 02 answers
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Sophia Finance Challenge 02 answers 
 
Sophia Finance Challenge 02 answers 
 
Sophia Finance Challenge 02 answers
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Sophia Finance Challenge 03 answers
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Sophia Finance Challenge 03 answers 
 
You loan a friend $5,000. There is a 15% chance your friend will pay you a 3% 
return, a 40% chance he will pay you a 2% return and a 45% chance he will pay 
you only a 1% return. 
What is your expected return after one year? 
a.) 
1.80% 
b.) 
2.05% 
c.) 
1.70% 
d.) 
2.20% 
Why is it a good idea to diversify an investment portfolio? 
a.) 
To reduce specific risk. 
b.) 
To eliminate variance. 
c.) 
To maximize potential returns. 
d.) ...
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Sophia Finance Challenge 01 answers
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Sophia Finance Challenge 01 answers 
 
The primary purpose of finance is to __________. 
a.) 
manage assets in a way that maximizes returns 
b.) 
keep track of a business's cash flow 
c.) 
study the effects of the economy on businesses 
d.) 
pay off debt as quickly as possible 
Finance is the study of fund management and ___________. 
a.) 
credit 
b.) 
economics 
c.) 
accounting 
d.) 
asset allocation 
Corporate finance focuses primarily on decisions related to _________...
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Sophia Finance Milestone unit 1,2,3,4,5 questions and answers with verified solutions
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Sophia Finance Milestone unit 1,2,3,4,5 questions and answers with verified solutions
Make study stress less painful
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Sophia Milestone Finance Unit 1 Complete Solutions With Questions And answers
- Exam (elaborations) • 17 pages • 2021
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Sophia Milestone Finance Unit 1 Complete Solutions With Questions And answers
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Sophia Milestone Unit 4 Questions And Answers 2020 Solutions
- Exam (elaborations) • 15 pages • 2021
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Sophia Milestone Unit 4 Questions And Answers 2020 Solutions
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