Question: 1.Suppose the rate of return on short-term government securities (perceived to be risk-free) is 5%. Suppose also that the expected rate of return required by the market for a portfolio with a beta of 1 is 12%. According to the CAPM: a) What is the expected rate of return on the market portfolio? b) What would be the expected rate of return on a stock with β = 0? c) Suppose you consider buying a stock which does not pay a dividend. The current price is $50‚ and in one year
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smoothly in her life and that no problems are being introduced. Later on in the story she changes radically from calm and loving and cooking dinner for her husband to violent and emotionally disturbed.Throughout the story Dahl shows that shes a dynamic character by all the changes she goes through. When her husband comes home and starts treating her coldly‚ she starts to get alarmed. “Sit down‚” he said. “just for a second sit down.” it wasn’t until then that
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The topic of this paper is The Meaning and Significance of The Creation Story. There are three main things that will be explains in this paper. The first point is the Meaning of the Creation Story in which will be divided into two categories. The Priestly Creation story and the Yawhist Creation Story‚ these categories will be elaborated accordingly to the background and the main purpose of their writings. The second point will be focus on the Significance of the Creation Story; it will deals with
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Inspector Calls Sheila Birling: - She is described at the start as a ’pretty girl in her early twenties‚ very pleased with life and rather excited’. 1 - Even though she seems very playful at the opening‚ we know that she has had suspicions about Gerald when she mentions "last summer‚ when you never came near me." However even though she mentions this‚ she seems to have no desire and want to actually find out about what happened in the summer. 2 - Immediately shows compassion to Eva Smith and
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How does William Golding present the character of Jack in Lord of the Flies? William Golding’s character of Jack is the antagonist of the novel who is seen to conflict with the novel’s protagonist‚ Ralph‚ throughout. He is presented as being a ruthless and violent dictator and Golding presents him in such a way that the reader has no doubt of his evil nature. As the novel progresses‚ Jack is presented as a power hungry and bloodthirsty savage who is at the centre of the chaos which breaks out on
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life of the main character Tom Ripley from the book The Talented Mr. Ripley‚ written by Patricia Highsmith. This highly suspenseful book takes you through the colorful mind of Ripley. Anxiety‚ lying and impersonation are three topics that come up a lot in Ripley’s journey. Each aspect reflecting why Tom does what he does in the story‚ realizing why he feels the need to do what he does. Seeing him impersonate his friend shows the mindset that Tom is in; the panic attacks show how he is uncomfortable
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How does the writer explore the themes of tolerance and empathy in chapters 2 and 3? In chapter 2 Miss Caroline is introduced. She has come across as a very sweet and innocent lady. “She had bright auburn hair‚ pink cheeks and wore crimson finger- nail polish. She looked and smelled like a peppermint drop”. This quote highlights her innocence and exaggerates the difference between Miss Caroline‚ who is very clean-cut‚ to the rest of Maycomb‚ which is less educated and poor. Miss Caroline states that
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In ‘A Midsummer’s Night Dream’ Helena is presented as an extremely lovesick and broken girl. To present Helena‚ Shakespeare uses carefully crafted language and a range of techniques such as metaphors‚ similes and hyperboles. The audience’s reaction to Helena changes throughout the play‚ for example‚ at different points in the play‚ we feel sympathetic towards her. At the beginning of the play Helena is heartbroken and extremely upset due to Demetrius’s hate towards her. We know this as she says
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first major gothic romance of the 20th century; Mrs. Danvers’ character is one of the few Gothic interests within the novel. Her unnatural appearance and multi-faceted relationship with Rebecca provides scope for manifold interpretations and critical views. Furthermore‚ Mrs. Danvers connection with Rebecca and Manderlay is a sub-plot in itself‚ making Mrs. Danvers the most subtly exciting character in the novel. Mrs. Danvers bond with the late Mrs. De Winter is not just a typical servant/mistress
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How is Mrs. Morel presented in Chapter One of Sons and Lovers? The first chapter begins with a description of the neighborhood of “The Bottoms‚” the miners’ dwellings in which the Morel’s live. The Morel’s consist primarily in the first chapter of‚ Gertrude and Walter Morel‚ and their son William. Before we are even introduced to Mrs. Morel‚ the description that D.H. Lawrence gives in the opening few pages is enough for the reader to graft an opinion. Lawrence firstly writes that Mrs. Morel
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