Answer:
0.02 or 2% = Beta
Step-by-step explanation:
Given that,
Risk-free rate = 7 percent
Expected return on the market = 10 percent
Expected return on Security J = 13 percent
Therefore, the beta of Security J is calculated as follows;
Expected return on Security J = Risk-free rate + Beta (Expected return on the market - Risk-free rate)
13 percent = 7 percent + Beta (10 percent - 7 percent)
0.13 - 0.07 = 0.03 Beta
0.06 = 0.03 Beta
0.06 ÷ 0.03 = Beta
0.02 or 2% = Beta
the Reflexive Property of Equality
Answer:
Number of cheaper dresses sold is 35
Number of expensive dresses sold is 15
Step-by-step explanation:
Given:
Cost of cheaper dresses = $90
Cost of expensive dresses = $140
Total cost of the dresses = $5250
To Find:
Number of cheaper dress = ?
Number of expensive dress = ?
Solution:
Let
The number of cheaper dresses be x
The number of expensive dresses be y
(Number of cheaper dresses X cost of cheap dress) + (Number of Expensive dresses X cost of expensive dress) = $5250
= $5250
It is given that the 20 more of the cheaper dresses than the expensive dresses is sold
So,
number of cheaper dress = 20 + number of expensive dress
x = 20 + y---------------------------------------(1)







y = 15
Substituting y in (1)
x = 20 +15
x= 35
Use a calculator and change DEG (degres) to RAD (radians).
310 - 220 = 90
90/310 = x/100 (cross multiplication)
9000 = 310x
9000/310 = x
x = around 29%