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
D. Rent textbooks
Explanation
Textbook rental from Chegg allows students to rent books and save money on their college books. Here a student can rent a textbook required by the lecturers and alter return it for free when done. Chegg offers lower charges for renting books than purchasing the book from stores.
The answer is all of the above
Answer
Americans believed that the West was divinely enjoined to be part of the United States.
<u>Explanation:</u>
Migration was an important factor in the development of America. The West attracted many peoples. Future generations looked at the borders of their settlements in the western crisis zones. A huge amount of land sold very cheaply or given away free of charge made it easier to set up a farm without worrying about initial debt.
So the unsuccessful and unemployed citizens takes this to escape from bad times and headed west, where there was cheap land, and even set up homesteads. Gold and other precious metals were discovered and that led some people there to gain wealth without hard work. The reservation system has been designed so that Native Americans stay away from land that European Americans would like to settle.
The eastern settlement was replaced by the Great Plain and the loss of the bison and growth affected in the number of white settlements. The arrival of Europeans on the continent affected the Midwest. But before that the American Indians were already started to occupy those western lands.
