The Chinese failed to foresee that the European expansion would rival their rise because the Chinese did not see the importance of voyages across oceans. The Europeans were out to discover new lands, resources and colonies. The Chinese were thinking about how to bring together their nomads.
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%
Home inspector is <em>an occupation where a person is responsible for examining the conditions of a home before the sales of a house.</em> Conditions that a home inspector must ensure are in good state include (though are not limited to): roof, heating system, general maintenance issue, plumbing and electrical conditions, as well as fire and safety status.
Thus, a person who is starting out in this occupation should have (C) experience in issuing building permits.
