Answer:
0.02 or 2% = Beta
Step-by-step explanation:
Given that,
Risk-free rate = 7 percent
Expected return on the market = 10 percent
Expected return on Security J = 13 percent
Therefore, the beta of Security J is calculated as follows;
Expected return on Security J = Risk-free rate + Beta (Expected return on the market - Risk-free rate)
13 percent = 7 percent + Beta (10 percent - 7 percent)
0.13 - 0.07 = 0.03 Beta
0.06 = 0.03 Beta
0.06 ÷ 0.03 = Beta
0.02 or 2% = Beta
Well first you would start by setting up with a proportion.
In total, the girls paid $54+$22= $76
Thus 1 sister contributed $54/$76=x/100
The other sister contributed $22/$76=x/76
For each proportion, cross-multiply and simplify to get the percentage. The percentage will be the x
Step-by-step explanation:
9(x+1) = 25+x
open the bracket
9x + 9 = 25+x
collect like terms
9x-x = 25-9
8x = 16
x = 2
So, she has 550 dollars saved. If the junior season pass costs 315, you subtract that from 550. You should then have 235 dollars. Next, you divide 235 by 45 dollars per lesson, and you should get 5.22. You can't buy half a lesson, so she only has enough for 5 lessons.
Step-by-step explanation:
the answer is in the picture above
