Westsyde tool company is expected to pay a dividend of $1.50 in the upcoming year. the risk-free rate of return is 6% and the expected return on the market portfolio is 14%. analysts expect the price of westsyde tool company shares to be $29 a year from now. the beta of westsyde tool company's stock is 1.20. using the capm, an appropriate required return on westsyde tool company's stock is

Aproduction line has three machines a, b, and c, with reliabilities of .96, .86, and .85, respectively. the machines are arranged so that if one breaks down, the others must shut down. engineers are weighing two alternative designs for increasing the line’s reliability. plan 1 involves adding an identical backup line, and plan 2 involves providing a backup for each machine. in either case, three machines (a, b, and c) would be used with reliabilities equal to the original three. a. compute overall system reliability under plan 1. (round your intermediate calculations and final answer to 4 decimal places.) reliability b. compute overall system reliability under plan 2. (round your intermediate calculations and final answer to 4 decimal places.) reliability c. which plan will provide the higher reliability? plan2plan1