On-line broker Swab-Qtips has a beta of 1.1, and its market return and risk-free rates are 15% and 5%, respectively. What is Swab's cost of equity?
A) 18%
B) 10%
C) 25%
D) 16%
E) 26%
D
Business
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If the home country's government grants a subsidy on a domestically produced good, domestic producers tend to
a. capture the entire subsidy in the form of higher profits. b. increase their level of production. c. reduce wages paid to domestic workers. d. consider the subsidy as an increase in production cost.
Business
The accounting equation can be expressed as Assets - Liabilities = Owner's Equity
Indicate whether the statement is true or false
Business
Judges are not immune from prospective injunctive relief
a. True b. False
Business
________ are the amounts and timing of payment from a buyer to a seller.
Fill in the blank(s) with the appropriate word(s).
Business