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Explanation:
ING has been delivering educational presentations about Muslims and their faith for over two decades. The following are answers to some of the most common questions that ING and its affiliates across the country have encountered during that time. While many of the answers address issues relating to creed or issues that are well established because of a clear citation in the Qur’an or Hadith (prophetic sayings)—such as the six major beliefs or the Five Pillars—others focus on areas that are more open to interpretation. These answers reflect the fact that Islamic teachings are the product of a dynamic conversation among Muslim scholars and between the scholars and the laity who apply their best understanding of the primary sources of Islam rather than a fixed set of laws and regulations.
This points to the fact that Islam, like all religions, does not live or speak apart from the people who practice it. There is, therefore, no monolithic Islam, since, like any other religion, Islam exists only as it is understood and practiced by its adherents.
As in other faith traditions, Muslim scholars have developed varied positions and responses to the numerous questions and issues that have been raised and discussed over the past 1400 years in the various lands where Islam is practiced. These perspectives and resulting practices differ partly because of the diversity within the Muslim community in geography, ethnicity, culture, and age. There are about fifty countries in the world today with a majority Muslim population, each having its own distinct history and culture (or multiplicity of cultures). There are also sizeable Muslim minorities in many other countries, including the United States and virtually all the countries of Europe, that are living Islam in their own unique situations. These Muslim communities have a variety of cultures and histories and live in varied social, cultural, and political circumstances, all producing significant variety in the way that they understand and practice Islam. In addition, there are various sects among Muslims, most notably Sunni and Shi’a, as well as various groups within each major sect. These differences in varieties of Islamic understanding and practice also reflect Muslim scholars’ long tradition of recognizing the diversity of peoples and circumstances and the opinions that should reflect that reality of diversity as well as of our shared humanity.
REAL NAME - SHRESTH DUBEY
Maybe because of the different cultures and art tendencies that had to have varied in different regions of Greece?
The first civilizations developed in North Africa, Middle East, and South and East Asia because of the advantages that this areas offered to the people inhabiting them. The biggest advantage were the big rivers with long and wide fertile plains beside them, which enabled the people to be involved in agriculture and produce big amounts of food and even reserves. Since the food problem was solved, they were able to concentrate on other things in their spare time and started to develop architecture, sciences, philosophy, writing systems...
Other things held constant, if the expected inflation rate DECREASES, and investors also become MORE risk averse, the Security Market Line would shift in<u> have a steeper slope </u>manner.
<h3>What is the Security Market Line (SML)?</h3>
The security market line (SML) is the Capital Asset Pricing Model (CAPM). It gives the market’s expected return at different levels of systematic or market risk. It is also called the ‘characteristic line’ where the x-axis represents the asset’s beta or risk, and the y-axis represents the expected return.
<u>Security Market Line Equation</u>
The Equation is as follows:
SML: E(Ri) = Rf + βi [E(RM) – Rf]
In the above security market line formula:
- E(Ri) is the expected return on the security.
- Rf is the risk-free rate and represents the y-intercept of the SML.
- βi is a non-diversifiable or systematic risk. It is the most crucial factor in SML. We will discuss this in detail in this article.
- E(RM) is expected to return on market portfolio M.
- E(RM) – Rf is known as Market Risk Premium.
<u>Characteristics of the Security Market Line (SML) are as below:</u>
- SML is a good representation of investment opportunity cost, which combines the risk-free asset and the market portfolio.
- Zero-beta security or zero-beta portfolio has an expected return on the portfolio, which is equal to the risk-free rate.
- The slope of the Security Market Line is determined by the market risk premium, which is: (E(RM) – Rf). Higher the market risk premium steeper the slope and vice-versa
- All the assets which are correctly priced are represented on SML.
- The assets above the SML are undervalued as they give a higher expected return for a given amount of risk.
- The assets below the SML are overvalued as they have lower expected returns for the same amount of risk.
Therefore, we can conclude that the correct option is A.
Learn more about Security Market Line (SML) on:
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<span>Psychologist robert kastenbaum points out that kübler-ross' theory neglects: "certain aspects of the dying process".
Kastenbaum's Trajectories of Death Psychologist Robert Kastenbaum (1975) brings up that in spite of the fact that Kiibler-Ross' hypothesis has justify, it dismisses certain parts of the dying procedure. A standout amongst the most imperative is simply the idea of the malady, which by and large decides torment, mobility, the length of the terminal time frame.
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