Suppose the risk-free return is 2.7 %2.7% and the market portfolio has an expected return of 7.5 %7.5% and a volatility of 17.8 %17.8%. Merck & Co. (Ticker: MRK) stock has a 21.2 %21.2% volatility and a correlation with the market of 0.0570.057. a. What is Merck's beta with respect to the market? b. Under the CAPM assumptions, what is its expected return

Which term refers to the cost that motivates an economic decision

In mexico, many garment or sewing shops found they could entice many young people to work for them if they offered clean, air conditioned work areas with high-quality locker rooms to clean up in after the work day. typically, traditional garment shops had to offer to get workers to apply for the hard, repetitive, and somewhat dangerous work. a. benchmark competitive wages b.compensating differentials c. monopoly wages d. wages based on human capital development of each employee

Krier industries has just completed its sales forecasts and its marketing department estimates that the company will sell 43,800 units during the upcoming year. in the past, management has maintained inventories of finished goods at approximately 3 months' sales. however, the estimated inventory at the start of the year of the budget period is only 7,300 units. sales occur evenly throughout the year. what is the estimated production level (units) for the first month of the upcoming budget year?