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Zinaida [17]
3 years ago
5

Which three statements were reasons that people did not like locomotives at first? Locomotives polluted the air. Locomotives wer

e dangerous. Locomotives were not dependable. Locomotives were too expensive. Locomotives were too fast.
Social Studies
1 answer:
GalinKa [24]3 years ago
5 0

Answer:

Locomotives were dangerous. Locomotives were not dependable. Locomotives were too expensive.

Explanation:

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Other things held constant, if investors become more risk averse, the security market line (sml) would (2 points)
poizon [28]

Other things held constant, if the expected inflation rate DECREASES, and investors also become MORE risk averse, the Security Market Line would shift in<u> have a steeper slope </u>manner.

<h3>What is the Security Market Line (SML)?</h3>

The security market line (SML) is the Capital Asset Pricing Model (CAPM). It gives the market’s expected return at different levels of systematic or market risk. It is also called the ‘characteristic line’ where the x-axis represents the asset’s beta or risk, and the y-axis represents the expected return.

<u>Security Market Line Equation</u>

The Equation is as follows:

SML: E(Ri) = Rf + βi [E(RM) – Rf]

In the above security market line formula:

  • E(Ri) is the expected return on the security.
  • Rf is the risk-free rate and represents the y-intercept of the SML.
  • βi is a non-diversifiable or systematic risk. It is the most crucial factor in SML. We will discuss this in detail in this article.
  • E(RM) is expected to return on market portfolio M.
  • E(RM) – Rf is known as Market Risk Premium.

<u>Characteristics of the Security Market Line (SML) are as below:</u>

  • SML is a good representation of investment opportunity cost, which combines the risk-free asset and the market portfolio.
  • Zero-beta security or zero-beta portfolio has an expected return on the portfolio, which is equal to the risk-free rate.
  • The slope of the Security Market Line is determined by the market risk premium, which is: (E(RM) – Rf). Higher the market risk premium steeper the slope and vice-versa
  • All the assets which are correctly priced are represented on SML.
  • The assets above the SML are undervalued as they give a higher expected return for a given amount of risk.
  • The assets below the SML are overvalued as they have lower expected returns for the same amount of risk.

Therefore, we can conclude that the correct option is A.

Learn more about Security Market Line (SML) on:

brainly.com/question/15877803

#SPJ4

6 0
2 years ago
A hypothetical clothing company called GreenDuds prides itself on not using international child labor to manufacture its product
BartSMP [9]

Answer:

It breaks the Fourth Amendment of the United States Constitution.

Explanation:

The Fourth Amendment is about the right for privacy and freedom, and it protects the citizens against unreasonable searches and seizures. It protects the individual inside their homes and, most recently, in the use of tecnologies. There is a need to have a search warrant granted by a judge to investigate insides people houses and phones.

The GreenDuds company is acting against the law when it allows the investigators to use "whatever means necessary", since it assumes that they will probably break phone records not by doing a claim to a judge, but by unlawful means, such as hacking or paying someone in the phones company to provide those informations.

3 0
3 years ago
During her lecture, the professor told the class there would be four major points covered on the test. She counted these points
Diano4ka-milaya [45]

Answer:

using gestures to explain better

7 0
3 years ago
Alice was briefly married at the age of 16. She is now 28 years old and plans to marry Henry in the spring. Henry's sister found
frozen [14]

Answer:

No, because marriage is a public and not a private fact.

Explanation:

From the question we are informed about Alice who was briefly married at the age of 16. She is now 28 years old and plans to marry Henry in the spring. Henry's sister found out about Alice's first marriage and then told Henry's parents. Alice now wants to sue Henry's sister for public disclosure of private facts. In this case, Alice does not have a case against Henry's sister because marriage is considered a public and not not considered a private fact. Private facts can be regarded ones personal details which has not been disclosed in the public domain. These could be private romantic encounter or someone sexual orientation. Immediately this personal details get disclosed publicly by the person, it is considered as "public fact" because it has moved into the public domain. Public disclosure of fact is passing across of fact-at-issue on to public, so that the fact can public knowledge.

7 0
3 years ago
3. What did President William Howard Taft mean when he wrote that "the President can exercise no power which cannot be fairly re
Simora [160]

Answer:

Explanation:

What did President William Howard Taft mean when he wrote that "the President can exercise no power which cannot be fairly reasonably traced to some specific grant of power or justly implied and included within such express grant as proper and necessary to its exercise"? How does this compare with President Theodore Roosevelt’s argument? Compare their arguments.Which position comes closest to the experience of the modern presidency? (Please note that this is about the institution of the presidency in modern experience, not about an individual president). Which position do you prefer?

The president can express no power which cannot be fairly and reasonably traced to some specific grant of power or justifiably implied and included within such express grant as proper and necessary to its exercise. Such specific grant must be either in the federal constitution or in an act of congress passed in pursuance thereof

3 0
3 years ago
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