ardner Electric has a beta of 0.88 and an expected dividend growth rate of 4.00% per year. The T-bill rate is 4.00%, and the T-bond rate is 5.25%. The annual return on the stock market during the past 4 years was 10.25%. Investors expect the average annual future return on the market to be 14.75%. Using the SML, what is the firm's required rate of return

13.61%

Explanation:

The Security Market Line is the Capital Asset Pricing model graphed the required return can be found using CAPM.

= Risk free rate + beta ( Market return - risk free rate)

Use the longer term rates for CAPM so use the T bond rate of 5.25% for risk free rate and use the 14.75% for the market return.

= 5.25% + 0.88 * ( 14.75 - 5.25%)

= 13.61%

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.

y=mx+b is the right slope of velocity carry the 4 over