Answer: 1.9%
Explanation:
First derive the Market return as this is needed in the Capital Asset Pricing Model by using the same model:
Required return = Risk free rate + Beta * ( market return - Risk free rate)
Using stock Y:
12.4% = Risk free rate + 1 * (market return - Risk free rate)
12.4% = Rf + market return - Rf
Market return = 12.4%
Use this to calculate the Risk free rate:
Stock Z:
8.2% = Rf + 0.6 * (12.4% - Rf)
8.2% = Rf + 7.44% - 0.6Rf
Rf - 0.6Rf = 8.2% - 7.44%
0.4Rf = 0.76%
Rf = 0.76% / 0.4
= 1.9%
Shannon should go for a career in journalism.
The second one.
Simply put, while one person may think that, another may not.
Answer:
limestone is said to be an example of natures recycling because it is made from the shells and bones of dead oceanic creatures. sense the shells are changed from one form to another it is considered recycling.
Explanation:
None of the above! You can use the headlights even if the visibility is way under 1000feet. There are many countries especially in Europe where headlights/daylights must be always on with no regard to visibility conditions. In some cities you will be even given a fine for not having the lights on all the time. But rules vary from country to country...
