Answer:
The returns of Stock A are 20% more sensitive to changes in the market than the returns of Stock B.
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Explanation:</h3>
- We are given that the beta of Stock A is 1.2.
- The markets have a beta of 1.0. Since Stock B has a beta of 1, the beta of Stock B is equal to the market beta.
- In other words, it would move in sync with the market. Stock A's beta of 1.2 would mean that the stock has a higher beta implying the stock is 20% more volatile than the market.
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You give back $4 because you subtract 50 cents from $16.50 and get $16 and now u subtract $20 from $16 and you get $4
The land bought by Widget Corporation is owned by joint tenancy.
<h3>What is joint tenancy?</h3>
Joint tenancy is a situation whereby properties are owned by two or more people, who have same rights and obligations. This means that each of the parties to the joint tenancy owns equal share of the entire property.
The above means that upon the demise of any of the tenant, the other surviving tenant has the right of the property.
Hence, the land bought by Widget Corporation is owned by joint tenancy.
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<span>“I think you handled the problem in a very clever way.” is the correct sentence
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