Answer:
Expected return is 12.6%
Explanation:
Zero beta portfolio has no systematic risk. A zero beta portfolio has same expected rate of return as risk free rate. It does not effects with market change.
Using CAPM formula to calculate the expected return
Expected return = Risk free rate + Beta ( Market rate - risk free rate )
As we know
Expected return on zero beta portfolio = risk free rate
Expected return = 7% + 0.7 ( 15% - 7% )
Expected return = 7% + 0.7 ( 8% )
Expected return = 7% + 5.6%
Expected return = 12.6%
Answer:
Effective Communication
Explanation:
The goal of effective communication is understanding between sender and receiver. In other words, when the message is understood as intended, effective communication happens.
Michael is taking care of the words he uses, his arguments, and the format, and these actions will help him achieve the goal of effective communication.
Answer:
Personal greed, Decline of personal ethical sensitivity, the size and structure of governments, economic freedom/openness of economy, Cultural environments that condone corruption, Lack of transparency, Slow judicial processes, etc.
Explanation:
All of them could work together by saving time helping each other cooking and serving food
Consolidation Rules Under GAAP
The general rule requires consolidation of financial statements when one company’s ownership interest in a business provides it with A MAJORITY OF the voting power- meaning it controls more then 50% of the voting shares