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alekssr [168]
2 years ago
13

mr sumesh started selling cars at the age of 23 and he then started selling planes at the age of 43 years. what is the fraction

of his agr did he sell the car?​
Business
1 answer:
Montano1993 [528]2 years ago
3 0

Answer:

Fraction = \frac{20}{43}

Explanation:

Given

Cars = 23

Planes = 43

Required

Fraction of his age where he sold cars.

So, first we need to calculate the duration which he sold cars.

Duration = 43 - 23

Duration = 20

This means that he sold cars for 20 years.

To solve further, we'll assume that his current age is 43.

So, the fraction of his age is:

Fraction = \frac{Duration}{Current\ Age}

Substitute values for Duration and Current Age

Fraction = \frac{20}{43}

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The question is incomplete. Here is the complete question

According to the CAPM, what is the market risk premium given an expected return on a security of 13.6%, a stock beta of 1.2, and a risk-free interest rate of 4%?

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3 years ago
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Answer:

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