the difference between learner's permit and driver's license is;
people (with learner's permit) at age of at least 15 (and passed vision and the writing test) can be able to drive only in daylight hours. that means you can't drive at 10pm or later. with a learner's permit, you must always drive with a person who is at least 21 years old, has a driver's license, and must sit in the front passenger seat.
you might want to search on the internet what driver's license does. honestly i have no idea.
but anyway. hope this helps in anyway! ❤ from peachimin
The anwser would be A Command/ the government
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%
There both things you use in the morning time
