-7(x-4) = 63. Divide each side by -7.
x - 4 = -9. Add 4 to each side.
x = -5
Answer:
a round plane figure whose boundary (the circumference) consists of points equidistant from a fixed point (the center).
Step-by-step explana
Answer: 2 meters/ seconds
Step-by-step explanation
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