Bodie‚ Kane‚ Marcus‚ Perrakis and Ryan‚ Chapter 7 Answers to Selected Problems 1. What is the beta of a portfolio with E[rp ] = 18 percent‚ if rf = 6 percent and E[rM ] = 14 percent? Answer: Using the CAPM equilibrium condition‚ E[rp ] = rf + βp E[rM ] − rf ⇒ βp = E[rp ] − rf .18 − .06 = 1.5 . = E[rM ] − rf .14 − .06 2. The market price of a security is $50. Its expected return is 14 percent. The risk-free rate is 6 percent and the market risk premium is 8.5 percent. What will be the market
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of today would still be capable of assassinating them for their wise words and leadership. Leaders like Marcus Garvey‚ Martin Luther King Jr.‚ and Malcolm X‚ already had strong voices of opinion then and would have even higher voices today. Taking that if with the advanced science there is today‚ we would be able to bring back in time the lives of Martin Luther King Jr.‚ Malcolm X‚ and Marcus Garvey; for them to be able to be the same age they were while showing activism‚ and have an intellectual
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According to the journal article‚ ‘Indonesia’s 2014 Elections: How Jokowi Won and Democracy Survived’‚ written by Marcus Mietzner‚ he presented his arguments by using comparative analysis. To analyze Indonesia’s 2014 election‚ he compared mainly the two president candidates- Probowo and Jokowi. The two candidates actually represented two different concepts on politics in Indonesia‚ which Mietzner classified in three perspective‚ namely grassroots volunteerism versus oligarchic machine politics; moderate
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To what extent were the motives of Marcus Brutus and Cassius Longius conspiring against Julius Caesar political rather than personal? | | | 2011-2013 Candidate number: 001386- 041 Gabvin Raphaël Branglidor Word count: 1997 Part A: The aim of this essay is to discuss whether the death of Julius Caesar by acquaintances Marcus Brutus and Cassius Longius was due to political or personal motives. The focus will
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statement. Particularly‚ I will critique on the company’s results‚ compare it to past years‚ compare it to competitors‚ and make recommendations on how to improve its financial position. Neiman Marcus department stores offer luxurious and high-quality men’s and women’s apparel and accessories. The Neiman Marcus Group operates 35 stores in nearly 20 states. The 2004 net income was an impressive $204 million and revenue was $3.5 billion. More importantly‚ their gross profit was $1.2 billion. Their net
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The True Tragic Hero In Shakespeare’s The Tragedy of Julius Caesar‚ Marcus Brutus and Julius Caesar are different characters‚ but somehow similar. Marcus Brutus is a Roman political leader‚ son-in-law of the Roman philosopher Marcus Porcius Cato the Younger‚ born in Rome‚ and educated in law. Julius Caesar is a Roman general and statesman‚ who laid the foundations of the Roman imperial system. Brutus’s honorable ideals leave him open for manipulation by Cassius‚ a man opposed to Caesar. He believes
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Life is like one big race that we are set out to win‚ with many hurdles in our way that try to stop us and test our determination‚ but with every failure and defeat our determination grows stronger as we ourselves grow as a person. You will learn that life is full of ups and downs‚ but no matter how hard life gets you down you got to get back on your feet‚ smile stubbornly and fight back and then maybe we will understand like the Wolfe family what it means to conquer your fears against all lifes
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In The Book Thief‚ by Marcus Zusak‚ the narrator‚ Death‚ tells the life story of a young girl named Liesel Meminger during World War II. He explains the events and challenges Liesel experiences due to Hitler’s words and influence. In this passage‚ the author uses diction‚ imagery‚ and details to help the reader imagine and have a deeper understanding of the events taking place and the character’s thoughts and feelings. This excerpt is from a chapter called‚ The End of the World (Part II)‚ and the
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mixture; they aren’t always desirable but they are all formative in developing our identity and thus have an impact on being able to belong within our own mental state. Once the characters in Rainbow’s End by Jane Harrison and The Book Thief by Marcus Zusak realise the desired person they wanted to be they then become a formidable person and naturally belong in any circumstance. This confirms that the more we connect with our present understanding of belonging and engage with what we want to become
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Not Conforming to Beliefs In both The Book Thief by Marcus Zusak and The Merchant of Venice by William Shakespeare‚ some characters demonstrate hypocrisy in their words and actions. Though there are other traits that the characters show‚ such as cruelty and mercy‚ hypocrisy is one of the more interesting ones. The Duke demonstrates hypocrisy in The Merchant of Venice during the trial scene when he punishes Shylock for not showing Antonio mercy. Antonio shows he is a hypocrite in The Merchant of
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