Poverty plays a controversial role in U.S as some politicians would increase or cut taxes on benefits/aids for others. I know it’s not that much but hope this helps
Answer: Utilizing "street smarts" to solve a problem
Explanation:
Practical intelligence uses everyday knowledge for everyday tasks. Through process of elimination, we can get rid of 'Conducting careful analysis to solve a problem' and 'Breaking a problem into parts to solve.' And not giving up has nothing to do with intelligence, thats preseverance.
It is africa hope this helps
Answer:
Sup, don't forget to wash your hands for at least 20 sec
Stay safe.
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%
