Answer:
Required rate of return = 18.5 %
Explanation:
given,
rate of inflection = 4 %
risk free rate = 3 %
market risk premium = 5 %
firm has a beta = 2.30
rate of return has averaged 15.0% over the last 5 years
now,
Nominal risk free rate = risk free rate + inflation
= 3% + 4%
= 7%
Required rate of return = Nominal risk free rate + β (RPM)
= 7% + 2.3 x 5.0%
Required rate of return = 18.5 %
Explanation:
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Answer:
The deviation of a mirror is equal to twice the angle of incidence.The total angle between the straight-line path and the reflected ray is twice the angle of incidence. This is called the deviation of the light and measures the angle at which the light has strayed from its initial straight-line path.
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