I'm not 100% percent sure but from my old research i think it was written so they could explain the newly proposed constitution
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.
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Answer:
Axum exported ivory, incense, and enslaved people. It imported cloth, metal goods, and olive oil. Axum fought Kush for control of trade routes to inland Africa.
Explanation:
Answer:
engages in more thought before she says something
Explanation:
Public speaking is described as a phenomenon of giving speech "face-to-face" to the different live audience. Thus, because of the evolution of "public speaking", it has been viewed moderately as a specific form of speaking between the speaker and the audience. Fundamentally, public speaking was represented as a part of the "art of persuasion".
Public speaking is often considered as similar to "everyday conversation" as an individual requires to organize his or her thoughts logically or analytically, he or she has to tailor a specific message to his or her audience, he or she needs to tell a story for greatest impact and he or she has to adapt to certain feedback.
<u>Considering the above statement, it could be the reason why "Olive engages in more thought before she says something".</u>
Answer:
Block unwanted calls and text messages.
Don't give your personal or financial information in response to a request that you didn't expect.
Resist the pressure to act immediately.
Know how scammers tell you to pay.
Stop and talk to someone you trust.
Explanation:
