The required rate of return on the stock of CD will be 10.86%.
<h3>What is rate of return?</h3>
The capital gains made from investment in such asset class(s) over a specific period is the rate of return of such investment. In the above case, the rate of return using the given values will be,
Hence, the required rate of return is calculated as 10.86%.
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Someone who has a deck with rotting wood.
Well if you think about it there are hundreds of products and services that have celebrity endorsements in their advertisements. Just by that fact alone, I would say the answer is false.
Answer:TRUE
Explanation:The full faith and credit clause of the United States of America states that all the states of the United States of America are required to obey "public acts, records, and judicial proceedings of every other state.".
DRIVER'S LICENSE IS A PUBLIC RECORD AND STATES ARE EXPECTED TO ACCEPT THE DRIVER'S LICENSE FROM OTHER STATES EXCEPT FOR SOME OTHER SPECIFIC ISSUES.
The answer is actually D), which is “Horizontal Consolidation.”