Answer:
b. 3.70 percent
Explanation:
Expected rate of return of a stock, given probabilities, is calculated by summing up the product of probability of each state occurring by the expected return of the stock should that happen.
Expected rate of return = SUM (probability *return)
Boom;(probability* return) = (0.15* 0.10) = 0.015 or 1.5%
Normal ;(probability* return) = (0.70* 0.04) = 0.028 or 2.8%
Recession ; (probability* return) = (0.15* -0.04) = -0.006 or -0.6%
Next, sum up the expected return for each state of the economy to find the expected rate of return on this stock;
= 1.5% + 2.8% -0.6%
= 3.7%
Therefore, the correct answer is choice B.
Consumer advocates advise against using alternative financial services because of the high cost that's associated with the loans and other services.
<h3>What is a financial service?</h3>
It should be noted that a financial service simply means a wide range of activities such as banking, insurance and investing.
In this case, consumer advocates advise against using alternative financial services because of the high cost that's associated with the loans and other services.
Learn more about financial services on:
brainly.com/question/1357912
Answer:
C) Quantity demanded will decrease, quantity supplied will increase, and a surplus will result
Explanation:
Price floor is the least amount a good or service can be sold. A price floor is usually set above equilibrium price.
When a price floor is enacted, it usually discourages demand because prices are usually set higher and encourages supply.
As a result, quantity demanded will decrease, quantity supplied will increase, and a surplus will result.
I hope my answer helps you.
A.exclusive it’s not an intense level of distribution
Answer:
Bribery
Explanation:
they must decide whether to pay bribes or find alternative sources of supplies
