20*15=300
It's "too short", but there's not much else to say here.
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
None of your answers are correct
all you have to do it look at what place the value underlined
for example, find value of 5 in 517,849
the 5 is in the 100 thousands place this means that the value is 500,000
20% * 300 = 2 * (10% * 300) = 2*30 = 60
