Answer: Risk free rate = 1.9%
Explanation:
The Capital Asset Pricing Model allows for the calculation of the required return using the market return, beta and risk free rate.
Required return = Risk free rate + Beta * ( Market return - Risk free rate)
First find the market rate. Stock Y is uniquely positioned to help with that:
12.4% = Risk free rate + 1.0 * (Market return - Risk free rate)
12.4% = rf + Market return - rf
Market return = 12.4%
Apply this to the formula using Stock Z:
8.2% = rf + 0.6 * (12.4% - rf)
8.2% = rf + 7.44% - 0.6rf
rf - 0.6rf = 8.2% - 7.44%
0.4rf = 0.76%
rf = 0.76% / 0.4
Risk free rate = 1.9%
Answer:
The exit polls on the web do break down the vote by age and race. Among blacks, Obama won about the same among all age groups. Among Hispanics, Obama did 8% better among the young than the old, and among whites, Obama did 14% better among the young than the old.
A free-trade zone is by definition “a place where trade is left to happen without tariffs(tax on imports/exports), quotas, or other restrictions”. An example of a free-trade zone is the European Union. There are no tariffs, quotas, or other restrictions placed on trading within the EU countries (they even share a currency). This allows for them to place products at a cheaper price for good quality and still get enough money to grow wealth within the different countries.
Answer:
Unilateral Contract — a contract in which only one party makes an enforceable promise. Most insurance policies are unilateral contracts in that only the insurer makes a legally enforceable promise to pay covered claims.
Answer:
© Case
Explanation:
The Global Harvest Initiative (GHI) was founded in 2009 and it is privately owned and functions as an agent of performance increase which is aimed at improving the agricultural chain value to be able to feed an ever expanding world. It aims at increasing agricultural output while at the same time, not overusing nature.
Its member companies are DuPont, Elanco, John Deere, Mosanto, etc.
The correct answer to the question is © Case because it is not part of its member companies.
