Answer: Risk free rate = 1.9%
Explanation:
The Capital Asset Pricing Model allows for the calculation of the required return using the market return, beta and risk free rate.
Required return = Risk free rate + Beta * ( Market return - Risk free rate)
First find the market rate. Stock Y is uniquely positioned to help with that:
12.4% = Risk free rate + 1.0 * (Market return - Risk free rate)
12.4% = rf + Market return - rf
Market return = 12.4%
Apply this to the formula using 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
Risk free rate = 1.9%
The correct answer for this question is that "<span>it wasn't forcibly incorporated."
</span>The experience of the Californios—being forcibly incorporated into the United States—similar to that of voluntary immigrants, and what makes it different is that it was not forcibly incorporated. The <span>early history of California settlement with the later image of California as a golden land of youth and excitement shows different effects to the people.</span>
Answer:
Explanation:
"Yield to any road users who arrived before you",
We can apply this to the road situation. When we are in a situation of a four-way stop with no traffic light, the first car that arrives at the intersection has "the right of way" or he has the priority to go first. The location of the cars or their direction don't have any importance; the car that arrives first at the intersection has the priority to go first ( first in, first out).
