You have a portfolio that is 29 percent invested in Stock R, 12 percent invested in Stock S, with the remainder in Stock T. The expected return on these stocks is 9.8 percent, 11.2 percent, and 13.5 percent, respectively. What is the expected return on the portfolio

Answers

Answer 1

Answer: 12.15%

Explanation:

The expected return is a weighted average of the returns of the individual stocks and the percentage of the portfolio invested in them.

= (Weight of R * Return of R) + (Weight of S + Return of S) + (Weight of T + Return of T)

= (29% * 9.8%) + (12% * 11.2%) + ( (1 - 29% - 12%) * 13.5%)

= 12.15%


Related Questions

Tell me about time when you made a mistake how did you find it and what did you do to correct it

Answers

Answer:

Briefly explain what the mistake was, but don't dwell on it.

Quickly switch over to what you learned or how you improved, after making that mistake.

You might also explain the steps you took to make sure that the mistake never happened again.

advantages of discounted payback period​

Answers

Answer:

The main advantage of the discounted payback period method is that it can give some clue about liquidity and uncertainly risk. Other things being equal, the shorter the payback period, the greater the liquidity of the project. Also, the longer the project, the greater the uncertainty risk of future cash flows.

Keller Construction is considering two new investments. Project E calls for the purchase of earthmoving equipment. Project H represents an investment in a hydraulic lift. Keller wishes to use a net present value profile in comparing the projects. The investment and cash flow patterns are as follows:

Project E Project H
($30,000 Investment) ($28,000 Investment)
Year Cash Flow Year Cash Flow
1 $8,000 1 $17,000
2 11,000 2 12,000
3 12,000 3 10,000
4 15,000

Required:
a. Determine the net present value of the projects based on a zero percent discount rate.
b. Determine the net present value of the projects based on a discount rate of 11 percent.

Answers

a. The net present value of project E based on a 0% discount rate is $16,000

The net present value of project H based on an 11% discount rate is $11,000

b. The net present value of project E based on a 0% discount rate is  $4,790.32

The net present value of project H based on an 11% discount rate is $4,366.70

Net present value is the present value of after-tax cash flows from an investment less the amount invested.  

Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.  

When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.

NPV can be calculated using a financial calculator

Project E

Cash flow in year 0 = -30,000

Cash flow in year 1 = $8,000

Cash flow in year 2 = $11,000

Cash flow in year 3 = $12,000

Cash flow in year 4 = $15,000

NPV when I is 0% = $16,000

NPV when I is 11% = $4,366.70

Project H

Cash flow in year 0 = $-28,000

Cash flow in year 1 = $17,000

Cash flow in year 2 = $12,000

Cash flow in year 3 = $10,000

NPV when I is 0% = $11,000

NPV when I is 11% = $4,366.70

To determine NPV using a financial calculator take the following steps:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

For more information on net present value, check here : https://brainly.com/question/16528949?referrer=searchResults

Suppose economists observe that an increase in government spending of $14 billion raises the total demand for goods and services by $42 billion. If these economists ignore the possibility of crowding out, they would estimate the marginal propensity to consume (MPC) to be

Answers

The estimation of the marginal propensity to consume should be 2 ÷3

The computation of the estimation of the marginal propensity to consume is shown below:

But before that the multiplier should be

= Total demand for goods & services ÷ government spending

= $42 billion ÷ $14 billion

= 3

Now as we know that

Multiplier = 1 ÷ (1 - MPC)

3 = 1 ÷ (1 - MPC)

1 - MPC =  1 ÷ 3

MPC = 1 - 1 ÷3

= 2 ÷ 3

Therefore we can conclude that The estimation of the marginal propensity to consume should be 2 ÷3

Learn more about the multiplier here: brainly.com/question/490794

Explain the importance of technical education providing organization in nepal. plz say simple and correct answer. ​

Answers

Most important education systems for employment generation. With vocational and soft skills, people can enhance their competency, thereby increasing their chances of securing a job.

Which 3 types of customer statements can QuickBooks Online generate?

Answers

Answer:

There are three types of customer statements in QuickBooks Online.

- Balance Forward: A list of invoices and payments with balance for date range selected.

- Open Item: A list of open, unpaid invoices from the last 365 days.

- Transaction Statement: A list of transactions between the selected dates.

I hope this help you! If it help you please mark me brainlest! Thank you! Have a great day! :)

Prove shylock is stubborn​

Answers

Because I said so. Could be a right answer

Paid for wages Rs. 2000 and for commission Rs. 3000. Journal entry for this?

Answers

Answer:

Wages A/c Dr.

To cash A/c

(being wages paid)

Commission A/c Dr

To cash A/c

(being comission paid)

Your friend Wanda established her gourmet dog treat business, Salty Pawz, using personal funds, since she initially sold her products only to friends and family and was able to pay for everything as she went along. Now that the business is growing, she knows she cannot finance the expansion out of her own pocket, so she is considering taking out a loan. She has no experience with financial institutions, other than the basics such as managing her personal bank accounts, a credit card, a mortgage and a car loan, all of which are with the local credit union.

You offer to help out Wanda by explaining the various options available to her at this stage in her business’s development. Write an email to her addressing the following areas:

Describe 2 options Wanda has for raising capital for her business (for example
1. take a term loan (eg 1 year)
2. look for investors to fund her business in exchange for ownership in her company
-Explain the advantages and disadvantages of each funding method.
-Offer a recommendation for the method you feel is the best fit for Wanda’s business. Be sure to include your reasons for making that recommendation.

Answers

Based on the advantages and disadvantages for each type of financing mentioned below, the best method for financing the expansion for Wanda's business is taking a loan (e.g. 1 year).

Take a term loan (e.g. 1 year)

A term loan is best described as an amount provided by the bank for a fixed amount and a agreed payment schedule with an interest rate either fixed or floating.

The main advantage of a bank loan is that it would not be repaid on demand instead it would be paid back as per schedule within a period of 1 to 10 years. Another advantage is that you would only have to pay the bank the interest rate and not the company's profit or share.

The disadvantage is that when loans are taken, then the amount (principal) and interest is to be repaid even if the loan is not being used. Another possible disadvantage is that a loan can be obtained if you have any asset (such as a house or car) to be kept as security. This is a guarantee in the likely event the bank's loan is not repaid on time.

Look for investors to fund her business in exchange for ownership in the company

This means finding individuals/institutions to provide financing as capital to be used in business for expansion.

Unlike a bank loan, here the investors accept the risk that if the business fails then their financing would be lost. Therefore, if the business ends up in losses then the amount is not required to be returned to their respective financiers. Another advantage is that you don't require any credit history to earn financing through investors.

The main disadvantage is that the sharing (profits) are divided between multiple investors based on their investment or as per their agreed sharing ratio. Moreover, the new investors might prefer to take more risks for a business to grow and which means that the stakes are always high.

In conclusion, Wanda is working on a small business and which is expanding at a slow rate with the risk being kept at a bare minimum. In which case taking a loan with amount and duration being set at a point where she would be able to return the loan acquired, is a better financing option for Wanda's business.

Read related link on:

brainly.com/question/18403244

cember 31 of each year. Rupar accounts for the bonds as a held-to-maturity investment, and uses the effective interest method. In Rupar's December 31, 2021, journal entry to record the second period of interest, Rupar would record a credit to interest revenue of

Answers

Answer:

B. $3,373

Explanation:

The computation is given below:

For Held- to -Maturity investment

Face Value of the bond = 100,000

Coupon rate = 6%, for Semi-annual Period should 6% ÷ 2 = 3%

Effective rate = 7% For Semi-annual Period should be 7% ÷ 2 = 3.5%

Now  

Purchase Price of the Bond is

= 100,000 - 4000

= 96,000

Now

First interest :

Cash interest = 100,000 × 3% = 3,000

interest Revenue = 96,000 × 3.5% = 3,360

So,

Discount Amortized is

= 3360 - 3,000

= 360

And,

Carrying Value of the Bond should be

= 96,000 + 360

= 96,360

For Second YEar

Interest Revenue = Carrying Value  Effective interest Rate

= 96,360 × 3.5%

= 3,372.6

= $3,373

Bangladesh has been the 7 th largest mango exporter in the world and exported 1-billion-dollar worth of vegetables across the world. Within 1000 words, discuss i) How can we internationalize our productions? ii) How can we localize our productions? Discuss some research oriented examples.

Answers

Answer:

Private companies added 330,000 jobs in July, according to ADP, far short of the 653,000 estimate

Explanation:

Private companies added 330,000 jobs in July, according to ADP, far short of the 653,000 estimate:The 330,000 new positions is a sharp deceleration from the 680,000 added in June and the lowest total since February. Leisure and hospitality led the gains with 139,000 during a month in which goods-producing industries contributed just 12,000 jobs. #accelerationism

Check My Work Which of the following moves the pizza market up along a given supply curve? a. a decrease in the price of cheese, an input to pizza b. a kitchen fire that destroys a popular pizza joint c. an increase in the price of pizza d. an increase in the price of root beer, a complement to pizza

Answers

Answer: c. an increase in the price of pizza

Explanation:

When there is a movement along the supply curve of a given commodity, it means that the commodity simply went through a price change because the supply curve is meant to depict the quantity supplied at various prices.

If there is an increase in the price of pizza therefore, the pizza market would be moved along the given supply curve.

The other options would cause a shift in the supply and demand curves instead of a movement along.

A disadvantage of the rate of return method is that it:________.
a. considers the cash flow of the investment.
b. considers the time value of money.
c. ranks proposals based on the cash flows over their complete useful life.
d. assumes that the cash received from a proposal can be reinvested at the internal rate of return.

Answers

Answer:

Opposite of C.

Explanation:

A disadvantage there should be that it does not take into account the time value of money

There are two preferred methods to accessing the database. One is to have newly instantiated object call the data access object. The other is to let the controller access the data access object.

a. True
b. False

Answers

I believe that it is true. So it is A

What is happening with Unemployment of Indonesia over the past 2 or 3 years?

Answers

Answer:

The unemployment rate in Indonesia increased to 6.26 percent in the first quarter 2021 from 4.94 percent in the same quarter a year earlier, amid the economic downturn caused by the coronavirus crisis. The number of unemployed persons surged by 1.82 million to 8.75 million. Meanwhile, the number of employed declined by 2.23 million to 131.06 million, mostly in the transportation and warehouse (-0.30 percent) while that in accommodation and food services reported the largest increase (0.34 percent). Meantime, the labor force participation rate declined to 68.08 percent in the first quarter from 69.21 percent in the prior year. 

Explanation:

give 5 star

Why My LinkedIn Lead Generation Is Failing?

Answers

Answer:

Your LinkedIn lead generation is failing due to the following mistakes:

Mistake 1. Not Choosing the Right LinkedIn Automation ToolMistake 2. Sending and Sharing Self-Promotional ContentMistake 3. Not Personalizing ContentMistake 4. Not Segmenting LeadsMistake 5. Not sending Follow-UpsMistake 6. Not Paying Attention To Stats

There are tons of big and small mistakes that marketers make when it comes to LinkedIn lead generation. However, the worst thing is to not learn from those mistakes and keep repeating the mistakes.

Town Crier has 6.7 million shares of common stock outstanding, 3.7 million shares of preferred stock outstanding, and 27.00 thousand bonds. If the common shares are selling for $29.80 per share, the preferred share are selling for $17.20 per share, and the bonds are selling for 96.83 percent of par, what would be the weight used for common stock in the computation of Town Crier's WACC

Answers

Answer:

0.2488

Explanation:

Calculation to determine what would be the weight used for common stock in the computation of Town Crier's WACC

Using this formula

WACC=(shares of preferred stock outstanding*preferred share are selling per share)/(shares of common stock outstandin*common shares are selling for per share,)+(shares of preferred stock outstanding*preferred share are selling per share)+ (bonds amount*bonds selling percent of par*1,000)

Let plug in the morning

WACC=(3.7 million *$17.20)/(6.7 million x$29.80)+(3.7 million *$17.20)+27.00 thousand bonds*96.83 percent*1,000

=$63,640,000/($199,660,000+$26,144,100)

=$63,640,000/$255,804,100

=0.2488*100

=24.88%

Therefore what would be the weight used for common stock in the computation of Town Crier's WACC is 24.88%

team skills do not require the ability to communicate effectively.
true or false

Answers

Answer:

I think false .

Explanation:

I think so because while working in a team the most important thing that we need is communication skill.

In the two-country model of international labor mobility:________
A) the long-run equilibrium assumes countries' policies place significant restrictions on migration.
B) the long-run equilibrium assumes that desired migration exceeds actual migration.
C) the long-run equilibrium assumes that actual migration exceeds desired migration.
D) the long-run equilibrium is the result of a divergence of the real wages in the two countries.
E) the long-run equilibrium assumes that desired and actual migration are equal.

Answers

E) the long-run equilibrium assumes that desired and actual migration are equal.

Administrative:

A client named Sarah sent you an email regarding an error on
their invoice. You are not sure what went wrong, but you have to respond. What
would you say? *

Your answer

Answers

Answer:

Can you say what is the error

hope that helps you

please mark brainliest

please follow

Advantages of equity financing over debt financing include that: Multiple Choice equity financing does not require repayment. dividends are mandatory. stockholders' control will increase. dividends are tax deductible.

Answers

Answer: equity financing does not require repayment.

Explanation:

Equity financing simply means a method of financing which has to do with the sale of shares. Debt financing occurs when money is raised by a company through the sale of debt instruments to the investors.

It should be noted that equity financing is the opposite of debt financing. Unlike the debt financing, equity finance doesn't carry a repayment obligation. In this case, the investors purchase the shares in the company and they make money through the dividends gotten or through the eventual sale of shares.

Also, there is less risky with the equity financing as there's no fixed monthly loan payments to make and this can be of immense benefit to startup businesses.

The differences between actual and standard costs are called __________ variances. cost profit quantity volume 2. A favorable cost variance results when actual cost is greater than standard cost at actual volumes. actual cost is less than standard cost at actual volumes. actual cost is equal to standard cost at actual volumes. actual cost is greater than standard cost at budgeted volumes.

Answers

Answer:

1. The differences between actual and standard costs are called

__________

variances.

2. A favorable cost variance results when

actual cost is less than standard cost

Explanation:

The cost variance is the difference calculated when either the actual cost is less than the standard cost or the standard cost is less than the actual cost.  If they are equal, there is no variance.  Variance reporting helps management to initiate corrective measures.  It helps to improve performance, output, or workers' productivity.

Repetitive sequences of activities that express and reinforce the key values of the
organization, identify important goals and people are referred to as
A) rituals.
B) stories.
C) material symbols.
D) cultural typologies.

Answers

Repetitive sequences of activities that express and reinforce the key values of the  organization, identify important goals and people are referred to as  A) rituals.

For an organization, these rituals are called organizational rituals.

Organizational rituals are repetitive activities and behaviors which an employee is expected to undertake in the organization because these activities and behaviors demand clear performance.

As standardized or predictable behaviors and activities, organizational rituals are required to be performed by all employees in order to perpetuate the values that the organization has accepted as means of achieving its goals.

Organizational rituals align an individual employee with others in the organization, thereby creating a shared experience and a sense of common identity that ensure the organization's survival.

Thus, rituals help to ensure that an organization is maintained for its mission.

Learn more about organizational rituals here: https://brainly.com/question/19801821

distinguish between fixed cost and Variable Cost​

Answers

Answer:

fixed means that it is standard or doesn't change (in a fixed state). remain constant

variable cost on the other hand, is when the cost varies, or changes. it can change proportionally, directly based on the changes or advancements on the service or good

Explanation:

2.- Se hicieron compras de materia prima por $ 50,000.00 más IVA que se pagaron como sigue:
20% en efectivo; 30% quedamos a deber, y el resto con una transferencia bancaria, según Factura ZX87.

10.- Vendemos como fierro viejo algunos lockers de los empleados que ya estaban sin servir, y nos pagan con cheque que depositamos en el banco, la cantidad de $ 3,000 IVA INCLUIDO. Al mismo tiempo tenemos que reparar uno de los lockers nuevos pues la chapa se echó a perder, el cerrajero nos cobra $300 MÁS IVA que pagamos en efectivo

Alguien me dice como van en un libro diario por favor

Answers

no entendi nadita pero que larga tu prwgunta

The next two questions use the following data from TGX Global, a heavy equipment manufacturer (this information will be repeated on the next question): TGX Global sells excavators, with an average sale price of $500,000 per excavator. TGX received new orders for 90 excavators in 2018. TGX produced & delivered 120 excavators in 2018: 50 excavators were ordered in 2017 and the rest (70 excavators) were ordered in 2018. TGX received payment for 110 excavators. TGX began selling 1-year maintenance services contracts for $50,000 per excavator in 2018, which begin after the excavator is delivered. Contracts were sold on 50% of all excavator orders made in 2018 (no contracts were sold on orders placed in 2017). Assume all excavators delivered in 2018 are delivered at year end, calculate TGX’s 2018 revenue based on the transactions described above.

Answers

TGX’s 2018 revenue depends upon the given transactions is $60 million.

The calculation of TGX’s 2018 revenue depends upon the given transactions is as follows:

TGX’s 2018 Revenue  is

= TGX produced & delivered excavators in the year 2018 × Sale Price per excavator

= 120 Excavator × $500,000

= $60 Millions.

Working Notes:

1. The revenue for the year 2018 should be recorded at that time period where the products are sold.

2. The revenue for the maintenance service contract should be recorded in the year when the service is provided not in that year where the contract service should be sold as it is treated as the unearned revenue till the service is provided  

Therefore we can conclude that TGX’s 2018 revenue depends upon the given transactions is $60 million

Learn more about the revenue here: brainly.com/question/19682087

Exercise 8-2 Recording costs of assets LO C1 Cala Manufacturing purchases land for $390,000 as part of its plans to build a new plant. The company pays $33,500 to tear down an old building on the lot the and $47,000 to fill and level the lot. It also pays construction costs of $1,452,200 for the new building and $87,800 for lighting and paving a parking area. Prepare a single journal entry to record these costs incurred by Cala, all of which are paid in cash.

Answers

Answer:Please see answers in explanation column

Explanation:

Given that,

Purchase price of land = $390,000

tear down cost old building = $33,500

Costs to fill and level lot =  $47,000  

Total cost of land = Purchase price of land +tear down cost on old building + Costs to fill and level lot

=$390,000 + $33,500+ $47,000  

= $470,500

Therefore, the journal entry is as follows:

To record the costs of plant assets

Account titles and explanation             Debit                 Credit

Land                                                      $470,500

Land improvements                              $87,800        

Building/construction costs                  $1,452,200

     To cash                                                                            $2,010,500

Can someone look at my resume for my career class please and thank you!
I also have the rubric and directions y’all can look at too.

Answers

It looks grate to the point and shows you have leader ship and the Spirit to talk to people and be friendly

Over the last ten years productivity grew faster in Oceania than in Freedonia and the population and total hours worked remained the same in both countries. It follows that:

a. real GDP per person must be higher in Oceania than in Freedonia.
b. real GDP per person grew faster in Oceania than in Freedonia.
c. the standard of living must be higher in Oceania than in Freedonia.
d. All of the above are correct.

Answers

Answer:

it's d. All are correctamundo


Kindly help me here

Answers

Answer:

pic quality is too low so I didn't understand

please take another picture its hard to read this
Other Questions
Which of the following statements about Medicare Part D are correct? difference between literate and illiterate How to solve this plsssss who is the tallest man in earth? Help me everyone, God will bless you ..:) Vegetarianism has become the most popular diet among the young generations facing the new millennium. This discipline eliminates the intake of meat and in some cases also the consumption of dairy products and eggs. Are there enough reasons to make you change your eating habits? My purpose is to prove that vegetarianism is the diet that offers more benefits to our health, spirit, and society.Nowadays, health is the number one individual and governmental concern. Health is a fragile factor and its behavior relies mostly on the nutritional quality of the food we ingest. A balanced non-vegetarian diet allows the consumption of all four main food groups including meat and other animal by-products that are important protein and fat sources. Most of us consume more proteins and fats than we need. An excess of proteins can cause kidney failure and/or osteoporosis, and a high-fat diet can eventually lead to heart disease, cancer, obesity, and diabetes. On the other hand, vegetarians get protein from grains, beans, vegetables, and low-fat food. This is how they reduce the risk of most diseases caused by fats. It is a myth to believe that vegetarians don't get enough proteins or that their diet is not balanced because they don't eat meat. The key isvariety and accurate combinations of energy and protein sources. If I were asked to describe a vegetarian, I would immediately mention they are very disciplined people. It has been proven that there exists a remarkable correlation between the people who succeed and people who follow a disciplined lifestyle. People who are faithful to the disciplines they have acquired show integrity, a remarkable behavior and they are usually in a good mood. Vegetarians, always concerned about quality and discipline, develop a greater social responsibility that motivates them to improve their environment.Moreover, environmental issues have been capturing public attention because of their relevancy and increasing deterioration of our quality of life. If you are concerned about the environment, consider that massive meat production can have a negative impact on tropical rain forests, soil stability, and air and water quality. Large extensions of forests have been cut and changed into grasslands that provide cattle with food. To conserve grasslands, fertilizers and other chemical substances are used; consequently, soil and water resources are polluted. Even though there are methods that avoid this kind of deterioration, producers prefer to ignore them so they can keep satisfying the increasing meat demand without affecting their production rates.Vegetarians' life spans are increased and through this discipline they learn to live quality life in all the possible aspects. Besides, their beliefs are congruent with their lifestyle and they take responsibility and action for problems within their own bodies and in their surroundings. Take a look at yourself. Is your health at risk? Have you been able to reach your goals? Are you a factor of change and improvement within your society? You must at least try becoming a vegetarian now that you know it is a tempting challenge and an exciting experiment that has advantages and no risks. Do it for your body, for your lifestyle, or for your environment, but do it. Stop letting others have all the credit, the fun, and the quality.1. What is the writer's purpose in writing the text above2. What is the most popular diet among the young people these days? 3. What is the main reason for being a vegetarian? 4. What are the consequences of consuming more proteins and fats than one needs? 5. How does the writer falsify the myth saying vegetarians don't get enough proteins or that their diet is not balanced because they don't eat meat? 6. Where do vegetarians get proteins from?7. How does the writer prove his claim that vegetarians are very disciplined people?8. How can massive meat production have a tropical rain forests, soil stability, air and water quality? negative impact on9. How do vegetarians learn to live a quality life in all the possible aspects?10. What is the function of rhetorical questions in the last paragraph? una expresion equivalente a 2(2x+11)-(-5+3x) I cannot be the only one who is satiated when others are hungry"" who said this? a which matrix post multiplies to (1 3 3 4) to get (19 -3 75 13) Based on predicted production of 26,000 units, a company anticipates $507,000 of fixed costs and $448,500 of variable costs. The flexible budget amounts of fixed and variable costs for 24,000 units are (Do not round intermediate calculations): Emily and Kate were at a cheerleading competition this fall.They cheered 12 rounds. Each round lasted 8.24 minutes. Calculate the total number of minutes, Emily cheered and the total number of minutes Kate cheered at the competition Please help on my hw Mountain ranges are created at boundaries between tectonic plates a. b. transform transflux divergent convergent C. d. 5 When f(x) = -3, what is x? -29-10-3-1 HELP PLEASEWhich of the following shows that the quadrilateral with vertices A (3, 1), B(0, 6), C (4,7),and D (7, 2) is a parallelogram? Little Billy is given a sticker chart as a means to encourage good behavior at home. Whenever Billy does a chore (e.g.wash the dishes or mop the floor) he is given a sticker. In other terms, what could we call the stickers given to Billy? a. punishment b. secondary reinforcer c. primary reinforcer d. vicarious reinforcer Use the drop-down menus to identify the parts of DNA.Label A:Label B:chromosomeBgenesnitrogen basessugar-phosphate backbone HELP BESTIES The LIFO reserve is the difference between the inventory valuation as reported under: Multiple choice question. LIFO and the amount that would have been reported under weighted-average. FIFO and the amount that would have been reported under LIFO. weighted-average and the amount that would have been reported under LIFO. LIFO and the amount that would have been reported under FIFO. You inherit a pair of genes for each one of your traits. One of the genes in the pair comes from your mother, and the other comes from your father. Some genes are dominant, which means they will usually be evident in a person's physical traits. Other genes are recessive. Recessive genes will only be evident if the other gene in the pair is also recessive. Suppose a fetus inherits a dominant gene for brown eyes from its mother and a recessive gene for blue eyes from its father. What color eyes will the baby have? Explain. 15.A lamp is on sale at 22.05 This is a 10% reduction of the normal price. What was the price of the lamp before the reduction? PLS HURRY What do Costa Ricans add to a word to make it mean something smaller?-ito-ico-imo-tipo