Answer:
$1,550
Explanation:
Given that
Price tag = $620
Discount percentage = 60%
By taking the information,
The computation of the suit original price equal to
= Price tag ÷ (1 - discount percentage)
= $620 ÷ (1 - 0.60)
= $620 ÷ 0.40
= $1,550
Therefore, the suit original price is $1,550 after considering the discount percentage and the price tag.
A contingent workforce is more on-demand than standard, full-time employees. Examples of contingent workers are freelancers, contractors, and consultants. These types of workers are hired when needed for shorter term projects and are only employed by the company for the time they are needed to complete their project.
Answer:
3.00%
Explanation:
Required return of a stock = Risk free rate of return + (average required return - Risk free rate of return) (Beta of the stock)
Required return of Stock R = 0.03 + [ (0.09 - 0.03) * 1)] = 0.09
Required return of Stock S = 0.03 + [ (0.09 - 0.03) * 0.45)] = 0.06
Difference = 0.09 - 0.06 = 0.03, or 3%
Therefore, the required return on the riskier stock will exceed the required return on the less risky stock by 3.00%.