Answer:
Explanation: Eran las doce.
Había mucha gente en la calle.
A las doce y media, Tomás y yo entramos en el restaurante Tárcoles.
Todos los días yo almorzaba con Tomás al mediodía.
El camarero llegó inmediatamente con el menú.
Nosotros empezábamos a leerlo.
Yo pedí el pescado.
De repente, el camarero (volvió a nuestra mesa.
Y nos (dio una mala noticia.
Desafortunadamente, no tenían) más pescado.
Por eso Tomás y yo (decidimoscomer en otro lugar.
(Llovió cuando (salimos del restaurante.
Así que (regresamos al restaurante Tárcoles.
Esta vez, (pedí) arroz con pollo.
False....Get a A lol your welcome
SEC reviews the information and have the authority of regulatory disclosure for the ADV.
<h3>What is SEC and how it works?</h3>
SEC is a Securities and Exchange Commission in United States who regulates the nation's securities industries.
The basic functions of the SEC is to protect the investors, capital formation and maintain the fairness in the market.
SEC is the governing body which has the authority in the case of ADV form.
Learn more about the ADV form here:-
brainly.com/question/14326387
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Answer:
The expected return on security with a beta of 0.8 is closest to 7.2%.
Explanation:
This can be determined as follows:
Since the return of security Z remains at 4% despite the change in the market, security Z is the risk-free asset.
Note that a risk free asset is an asset which its returns does not change with change in the market.
Using the Capital Asset Pricing Model (CAPM) formula, we have:
Er = Rf + (B * MPR) ............................................ (1)
Where;
ER = Expected return = ?
Rf = Risk-free rate = Rate of return of security z = 4%
B = Beta = 0.8
MPR = Market risk premium = Expected return on the market rate - Risk-free rate
Expected return on the market rate = (50% * 24%) + (50% *(-8%)) = 8%
Therefore, we have:
MPR = 8% - 4% = 4%
Substituting the values into equation (1), we have
Er = 4% + (0.8 * 4%)
Er = 0.072, or 7.2%
Therefore, the expected return on security with a beta of 0.8 is closest to 7.2%.
