In Ancient times, constellations were used to create and track the calendar so they knew when to plant crops and harvest them. Constellations were also used for navigation and to help sailors travel across oceans.
Answer: 2016 CPI is 110
Explanation:
Given the following :
Base year = 2012
Cost of basket in 2012 = $50
Cost of basket in 2014 = $52
Coat of basket in 2016 = $55
The Consumer Price Index (CPI) is calculated using the formula :
CPI = (weighted cost item in current period / weighted cost of item in base period) × 100
Base period / year = 2012
Current period = 2016
Therefore, 2016 CPI equals;
($55 / $50) × 100
= 110
This is the process! have a good day!
Answer:
The appropriate answer is "13.82%".
Explanation:
Given:
Risk free rate,
Beta of stock,

Market rate,
= 
Now,
The market risk premium will be:
⇒
= 
= 
=
(%)
hence,
The cost of equity will be:
⇒ 


(%)