The cal provided by combinations of 1-month t-bills and a broad index of common stocks is called the CML.
<h3>What is broad index?</h3>
A broad-based index is used to benchmark the performance of a significant group of stocks chosen to represent the greater stock market. Investing in funds that track wide indices can diversify a portfolio.
As well as the S&P 500 and NASDAQ Composite, the Russell 3000 and NASDAQ Composite are two instances of broad-based indices. A broadly diversified index fund is a mutual fund or exchange-traded fund that follows the S&P 500 Index.
Thus, it is a broad index.
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Answer:
The Revolutionary War (1775-83), also known as the American Revolution, arose from growing tensions between residents of Great Britain’s 13 North American colonies and the colonial government, which represented the British crown. Skirmishes between British troops and colonial militiamen in Lexington and Concord in April 1775 kicked off the armed conflict, and by the following summer, the rebels were waging a full-scale war for their independence. France entered the American Revolution on the side of the colonists in 1778, turning what had essentially been a civil war into an international conflict. After French assistance helped the Continental Army force the British surrender at Yorktown, Virginia, in 1781, the Americans had effectively won their independence, though fighting would not formally end until 1783.
Causes of the Revolutionary War
For more than a decade before the outbreak of the American Revolution in 1775, tensions had been building between colonists and the British authorities.
The French and Indian War, or Seven Years’ War (1756-1763), brought new territories under the power of the crown, but the expensive conflict lead to new and unpopular taxes. Attempts by the British government to raise revenue by taxing the colonies (notably the Stamp Act of 1765, the Townshend Acts of 1767 and the Tea Act of 1773) met with heated protest among many colonists, who resented their lack of representation in Parliament and demanded the same rights as other British subjects. Colonial resistance led to violence in 1770, when British soldiers opened fire on a mob of colonists, killing five men in what was known as the Boston Massacre. After December 1773, when a band of Bostonians dressed as Mohawk Indians boarded British ships and dumped 342 chests of tea into Boston Harbor during the Boston Tea Party, an outraged Parliament passed a series of measures (known as the Intolerable, or Coercive Acts) designed to reassert imperial authority in Massachusetts.
Explanation:
Demand curve shows what the current society needs with respect
to the supply required. The supply, ideally, must be greater than the demand
needed, however, unfortunately, demand is greater than supply nowadays, that is
why we have scarcity of resources.
In a group life insurance when an insured terminates membership he can convert to whole life insurance. Whole life insurance is an insurance that you will pay as long as you are alive. It does not end in a year but as long as you pay your premiums your benefactor will receive the benefit when you are no longer breathing. It also has options, you can also cash out the money you invested and use it for the things you need or when you or the member of your family are suffering from illness and you need money to spend for his medical bills.
Answer:
South Africa
Explanation:
Officially, the longest wine route in the world is located in South Africa. This wine route bears the name Route 62, and it stretches from Cape Town, Constantia, to Port Elizabeth. Route 62 is 850 km long. It is not really weird that the longest wine route in the world is in South Africa, as this nation is one of the largest producers of grapes in the world, and of course wine. The climate and soil in South Africa are excellent for good growth of the wines, so this nations has smartly invested in them and used them as a good source of income.