Yes, the shape is a very rare shape that not many people know about
<u>Answer:</u>
They tagged 90 male deer
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<u>Explanation:</u>
Given a park ranger calculated 60% of male deer
Consider the deer they tagged to be x
According to question,
20% of deer were older than 4 years which equals 18
Then, 20% of x = 18
Solving for x,
x = 1800/20
x = 90
So, they tagged 90 male deer
Answer:
The stock is correctly valued.
Step-by-step explanation:
Whenever the expected return is lower than the required return; the stock is said to be undervalued, when the expected return is higher than the required return; the stock is said to be overvalued, and when the expected return is equal to the required return; the stock is said to be correctly valued .
The required rate of return = Risk free rate+Beta*Market risk premium
The required rate of return = 3 + (0.8*10) = 11%
From the above calculation, the required rate of return rate is 11%, which is equal to the stock's return provided in the question, therefore, the stock is correctly valued .