Answer:
I am not going to provide a whole annotated bibliography for that would be cheating. But I can recommend resources for you to use!
Explanation:
- Wikipedia citations (don't use Wiki as an actual source but use the sources they use)
- Google Scholar
- Library resources
- EasyBib to make your bibliography
The answer to this is probably their ability to absorb heat. Oceans are great at absorbing heat from the sun and storing it. If they were bad at it, the heat would be trapped due to the greenhouse effect and the climate would become scorching hot. This way, oceans absorb large amounts of heat and effectively reduce the overall temperature of the world.
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%
