Under the CAPM, all investors hold the market portfolio because it is the optimal risky portfolio. Because it produces the highest attainable return for any given risk level, all rational investors will seek to be on the straight line tangent to the efficient set at the steepest point, which is the market portfolio. Branliest would be nice (:
To obtain a drivers license you must have a permit first.
-You must drive daily and "do not" get stopped by the cops while you have your permit or you wont get your license.
-While having your permit you must have a passenger 18 or older by your side at all times while driving with a permit.
-You must read the book of license. (DMV Drivers License Booklet)
-If you want more information about how to get your license, i suggest you read the DMV booklet.
Hope this answer helped!:)
Answer:
Return = 29.64%
Explanation:
As per the data given in the question,
Time = 20 years
Interest = $90
Face value = $1,000
Rate = 10%
Current price of the bond = interest [1 - (1-rate)^(-time)] ÷ rate + Face value × (1+r)^(-time)
= 90 [1 - (1-0.10)^(-20)] ÷ 0.10 + $1,000 × (1+0.10)^(-20)
= 90 × 8.5136 + $1,000 × 0.14864
= $914.864
Price of the bond after 1 year = 90[1-(1-0.08)^(-19)] ÷ 0.08 + $1,000 × (1+0.08)^(-19)
= 90 × 9.6036 + $1,000 × 0.23171
= $1,096.04
Return = Ending price + Coupon - Beginning price ) ÷ Beginning price
= ($1,096.04 + 90 - $914.864) ÷ $914.864
= 0.2964
= 29.64 %
Answer:
an price ceiling
atau equilibrium price
I'm sorry ya kalo jawaban nya salah
Answer:
The present value of the dividends to be paid out over the next six years if the required rate of return is 15 percent is $6.57
Explanation:
Solution:
Given that
The present value =∑ ⁿ t=1 cf/ (1 +r)t
where cf= cash flow
r =the required rate of return
t = the number of years
Now
The present value will be:
cf₁/(1+r)^1 + cf₂/(1 +)^2 + cf₃/(1+r)3 + cf₄/(1 +r)^4) + cf₅/(1 +r)^5 + cf₆/(1+r)^6
Hence,
cf₁, cf₂ cf₃ = 0 as the firm does not expect to pay dividend in the next three years
Note: Kindly find an attached document of the part of the solution to this given question
