Answer: 1.9%
Explanation:
First derive the Market return as this is needed in the Capital Asset Pricing Model by using the same model:
Required return = Risk free rate + Beta * ( market return - Risk free rate)
Using stock Y:
12.4% = Risk free rate + 1 * (market return - Risk free rate)
12.4% = Rf + market return - Rf
Market return = 12.4%
Use this to calculate the Risk free rate:
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
= 1.9%
Answer:
A) Between 1750 and 1760 many improvements were made. Improvements such as spinning and waving the coal on machines were examples of this.
B) Improvements such as said above helped dramatically. They helped by using their power to smelt iron and steel. Because of this, economic life improved.
C) Mining coal helped transform social and economic life. It transformed life because it pumps out deepening mines. Because of this, more and more power transfers to keep the machines running.
Explanation:
Answer:
Benedict de Spinoza was among the most important of the post-Cartesian philosophers who flourished in the second half of the 17th century. He made significant contributions in virtually every area of philosophy, and his writings reveal the influence of such divergent sources as Stoicism, Jewish Rationalism, Machiavelli, Hobbes, Descartes, and a variety of heterodox religious thinkers of his day. For this reason he is difficult to categorize, though he is usually counted, along with Descartes and Leibniz, as one of the three major Rationalists. Given Spinoza's devaluation of sense perception as a means of acquiring knowledge, his description of a purely intellectual form of cognition, and his idealization of geometry as a model for philosophy, this categorization is fair. But it should not blind us to the eclecticism of his pursuits, nor to the striking originality of his thought. Among philosophers, Spinoza is best known for his Ethics, a monumental work that presents an ethical vision unfolding out of a monistic metaphysics in which God and Nature are identified. God is no longer the transcendent creator of the universe who rules it via providence, but Nature itself, understood as an infinite, necessary, and fully deterministic system of which humans are a part. Humans find happiness only through a rational understanding of this system and their place within it. On account of this and the many other provocative positions he advocates, Spinoza has remained an enormously controversial figure. For many, he is the harbinger of enlightened modernity who calls us to live by the guidance of reason. For others, he is the enemy of the traditions that sustain us and the denier of what is noble within us. After a review of Spinoza's life and works, this article examines the main themes of his philosophy, primarily as they are set forth in the Ethics.
Explanation:
Many North African nations practice Islam because many Muslims traded in that region, so the North Africans converted to Islam, whereas those in Sub-Saharan African nations were more prone to Christianity because of the trade they did with Europeans.
