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Lorico [155]
2 years ago
9

On April 1, Gina mailed Oscar an offer to buy his home. Oscar received the offer on April 5. On April 6, Oscar deposited a prope

rly addressed, stamped acceptance in the mail. Gina received the acceptance on April 10. On April 8, Gina changed her mind, and she personally delivered a written revocation of the offer to Oscar. In most states: (A) A contract was formed on April 5. (B) A contract was formed on April 6. (C) A contract was formed on April 10. (D) A contract was not formed.
Business
1 answer:
AnnyKZ [126]2 years ago
8 0

Answer:

(B) A contract was formed on April 6.

Explanation:

Since in the question it is mentioned that On april 1 gina inform oscar via mail that he is offering to purchase his home. Oscar received the offer as on April 5

And on April 6 oscar give the acceptance over the mail

So in the most states, the option b should be selected as on this date both parties to the contract are agreen upon

Therefore the option b is correct

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MrMuchimi

Answer:

1.

Portfolio Beta = 1.225 rounded off to 1.23

Option e is the correct answer.

2.

r = 0.13338 or 13.338% rounded off to 13.34%

Explanation:

1.

The portfolio beta is a function of the weighted average of the individual stocks' betas that form up the portfolio. To calculate the beta of a portfolio, we use the following formula,

Portfolio Beta = wA * Beta of A  +  wB * Beta of B  + ... + wN * Beta of N

Where,

w is the weight of each stock

Portfolio Beta = 0.21 * 0.66  +  0.34 * 1.21  +  0.45 * 1.5

Portfolio Beta = 1.225 rounded off to 1.23

2.

Using the CAPM, we can calculate the required rate of return on a stock. This is the minimum return required by the investors to invest in a stock based on its systematic risk, the market's risk premium and the risk free rate.

The formula for required rate of return under CAPM is,

r = rRF + Beta * (rM - rRF)

Where,

rRF is the risk free rate

rM is the market return

r = 0.037  +  1.22 * (0.116 - 0.037)

r = 0.13338 or 13.338% rounded off to 13.34%

3 0
3 years ago
The panel of economists appointed by the senate finance committee estimated that the cpi ______ inflation by approximately _____
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The panel of economists appointed by the senate finance committee estimated that the cpi <u>overestimates</u> inflation by approximately <u>1</u> percentage point(s) per year.

An economist is a professional and practitioner within the social technology subject of economics. The individual may additionally take a look at, increase, and follow theories and ideas from economics and write about economic coverage.

Economists look at the manufacturing and distribution of sources, items, and services by gathering and studying facts, gaining knowledge of trends, and comparing monetary problems.

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8 0
2 years ago
A buyer told broker Lena that she wants to move to a Cuban neighborhood. Then the buyer asked if Lena could show her the best ho
UNO [17]

Answer & Explanation: Lena would respond to the buyer's request of wanting a house in the Cuban neighborhood by explaining to her that legally and ethically, she cannot provide housing recommendations based on national origin as it is a form of housing discrimination which is enshrined in the Fair Housing Act. The Act can take several forms, one of which is discrimination based on national origin.

7 0
3 years ago
What is round to the nearest 10.000?​
liraira [26]
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In this career, you consult with various companies about the well-being of their employees, emissions standards, and waste dispo
aksik [14]

Answer:

A. waste management

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option A is the correct answer

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