Answer:
fluid intelligence
Explanation:
Fluid intelligence -
It is the capability to think wisely and logically , solve any issue according to the situation and does not depend on the acquired knowledge is known as fluid intelligence .
Fluid intelligence helps to deal with the worst situation possible in a very peaceful and logical manner and helps to live life in a better and happy way .
This capability often reduces with the growing age , as people tends to get older .
<span>One is through innovation. New innovation meant new
jobs for the nation. One example is Bheki Kunene, a young entrepreneur of South
Africa. At age 27, he founded Mind Trix Media providing jobs and a profit. Next
is it improves economy by being able to partner with big companies in the other
countries.</span>
Answer:
E. None of the above
Explanation:
First we need to calculate the holding period return
Holding period return is the rate of return which an assets earns during the period in which it holds the assets.
Holding Period Return = (Selling Price - Initial Price + Dividend ) / Initial Price
Holding Period Return = ($24 - $21 + $2.04 ) / $21 = 0.24 = 24%
Now we need to calculate the expected return on the stock using CAPM formula as follow
Expected return = Risk free rate + Beta ( Market Risk Premium )
Expected return = rf + beta ( E(rm) )
Placing values in the formula
Expected return = 8% + 1.2 ( 16% )
Expected return = 27.2%
Abnormal return is the difference of Holding period return and expected return
Abnormal return = 27.2% - 24% = 3.2%
