1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ZanzabumX [31]
3 years ago
5

Mulherin's stock has a beta of 1.23, its required return is 11.75%, and the risk-free rate is 2.30%. What is the required rate o

f return on the market? (Hint: First find the market risk premium.) Do not round your intermediate calculations. a. 9.98% b. 7.69% c. 8.19% d. 12.38% e. 10.58%
Business
1 answer:
koban [17]3 years ago
3 0

Answer:

a. 9.98%

Explanation:

The computation of required rate of return is shown below:-

Required return= Risk - Free rate + Beta × (Market rate- Risk-free rate)

11.75% = 2.30% + 1.23 × (Market rate - 2.3%)

(11.75% - 2.30%) ÷ 1.23 = Market rate - 2.3%

Market rate = (11.75% - 2.30%) ÷ 1.23 + 2.3%

=9.98%

Therefore for computing the required rate of return on the market we simply applied the above formula.

You might be interested in
The Red Wolf Society, a nongovernmental not-for-profit organization, receives numerous contributed hours from volunteers during
Allushta [10]

Answer:

$1,600

Explanation:

Revenue is recognized as and when the <em>control</em> of a good or service is transferred to the customer.

Total Hours = 10 hours × 8 weeks

                    = 80 hours

Use the <em>rate of pay at the utility office</em> to determine the contribution revenue for Red Wolf Society

Revenue = 80 hours × $20 per hour

               = $1,600

4 0
2 years ago
Juan Alcobar is junior sales representative for a large equipment manufacturer. Sarah Gittins, a senior sales representative, ha
ipn [44]

Answer:

C. A proposal of products that will solve the prospect's problems.

Explanation:

With regards to the above scenario, both Joan and Sarah put together a proposal of products that will solve the project's problems by critically analyzing the needs of the huge new prospect and providing various options.

Here, both staff knew the need of the prospect hence are able to come up with necessary questions and various solutions that would address the needs.

In addressing a need, various alternatives to providing solution to that need must be made available which is what was provided to the huge new client.

7 0
3 years ago
What are important information that is needed before you create a PowerPoint presentation
mr_godi [17]
How to copy and paste and be creative
5 0
3 years ago
Tucker Company makes chairs. Tucker has the following production budget for January - March. January February March Units Produc
ziro4ka [17]

Answer:

Total= 45,684 feet

Explanation:

Giving the following information:

Production budget:

February= 10,993

March= 8,559

Each chair produced uses 5 board feet of wood.

Management wants an ending inventory level of raw materials to equal 20% of the production needs (in wood) for the next month.

Direct material budget:

Production= 10,993*5= 54,965

Desired ending inventroy= (8,559*5)*0.2= 1,712

Beginning inventory= (10,993*5)*0.2= (10,993)

Total= 45,684 feet

6 0
3 years ago
Oilers, Inc. refines and markets its energy products in different nations around the world. In addition, Oilers' stockholders an
nasty-shy [4]

Answer:

D. expropriation.

Explanation:

Oilers, Inc. refines and markets its energy products in different nations around the world. In addition, Oilers' stockholders and managers come from many different nations. If some of the nations where it operates decided to take over the assets of the company, this act would constitute an <u>expropriation.</u>

Expropriation: It is an act of government for taking private property against the will of the owner for the benefit of the overall public by building roads, highways, flyovers, airports, etc. The owner is just compensated as per government policy. This is an act of getting Expropriated. In legal terms, it is an exercise of eminent domain power.    

4 0
3 years ago
Other questions:
  • Walmart and procter &amp; gamble effectively implemented ________, which allowed for information to flow directly from walmart's
    6·1 answer
  • What is the most accurate method for preventing adverse effects associated with the use of digoxin?
    11·1 answer
  • When describing business intelligence to a group of nurse managers, which definition would the nursing informatics specialist in
    15·1 answer
  • Sarah opened her last month's bank statement, today, to find she had an ending bank balance according to First Bank of Broad Rip
    14·1 answer
  • The following is the adjusted trial balance for Nadia Company. Nadia Company Adjusted Trial Balance December 31 Account No. Debi
    13·1 answer
  • Consider an economy with 500 people in the labor force. At the beginning of every month, 5 people lose their jobs and remain une
    6·2 answers
  • ∗ percy consumes cakes and ale. his demand function for cakes is qc = m − 30pc + 20pa, where m is his income, pa is the price of
    11·1 answer
  • Most of the procedural, or due process, rights given to criminal suspects or defendants in the United States are found in
    13·2 answers
  • Portions of the financial statements for Myriad Products are provided below. MYRIAD PRODUCTS COMPANY Income Statement For the Ye
    15·1 answer
  • Luker Corporation uses a process costing system. The company had $160,500 of beginning Finished Goods Inventory on October 1. It
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!