The dolls are effigies that represents any person that is in any way connected to the Stamp Act. These people may be tax collector or an appointed stamp distributor or members of the royal family. This action is to show their disapproval on imposition of tax on daily papers like newspapers,documents and others alike.
Answer:
The required rate of return of Portfolio is 8.83%
Explanation:
First we need to find the risk Premium of Existing Portfolio using the CAPM model.
Required rate of return = RF + ( Rm - RF ) x Beta
9.50% = 4.20% + ( Rm - RF ) x 1.05
9.50% - 4.20% = ( Rm - RF ) x 1.05
5.30% = (Rm - RF) x 1.05
(Rm - RF) = 5.30%/1.05
(Rm - Rf) = 5.05%
Second we need to find the New Portfolio Beta Using the Following step
Portfolio Beta = ( Existing Portfolio / Total Investment ) x Beta + ( New stock / Total Investment ) x Beta
Portfolio Beta = (10M / 15M) x 1.05 + (5M/15M) x 0.65 = 0.9167
Third Step we will use the CAPM model again to get Required Rate of Return of New Portfolio.
Required rate of return = RF + ( Rm - RF ) x Beta
Required rate of return = 4.20% + 5.05% x 0.9167
Required Rate of Return = 8.83%
Answer: The answer is HIGH CONTEXT Culture.
Explanation: High context culture refers to an implicit communication and nonverbal clues. It is a situation whereby a lot of unspoken communication is implicitly transferred during a communication.
In a high context culture, communication that has underlying context and meaning in the message is used. It goes beyond the spoken words but relies on the tone of the message.
A tour round a potential customers high class environment gives a clue of a high context culture as the customer is not verbal stating he is wealthy but implying it non verbally.
Answer: Vertical hierarchy shows who reports to whom and horizontal specialization shows the different jobs
One of them is the interest, or the simple interest