Below are the returns for the past five years for Stock S and for the overall market:  Year Stock S Market (r M) 1 14.00% 8.00% 2 36.00% 30.00% 3 -27.00% ?20.00% 4 -9.00% ?4.00% 5 47.00% 32.00% ? What is the estimated beta of Stock S?

A. 1.36854
B. 1.50539
C. 1.77910
D. 1.02641
E. 1.16326


Answer: A

Business

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Fill in the blank(s) with correct word

Business

Cardinal Pharmacy has purchased a small auto for delivery of prescriptions. The auto cost $28,000 and will be usable for four years. Delivery of prescriptions (which the pharmacy has never done before) should increase revenues by at least $40,000 per year. The cost of these prescriptions will be about $30,000 per year. The pharmacy depreciates all assets by the straight-line method. (Ignore income taxes.)Required:a. Compute the payback period on the new auto.b. Compute the simple rate of return of the new auto.

What will be an ideal response?

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Which of the following statements concerning homeowners' insurance is false?

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Business

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Indicate whether the statement is true or false

Business