Suppose you observe the following situation: state of economy probability of state of economy rate of return if state occurs stock a stock b boom .21 .189 .097 normal .74 .158 .076 recession .05 - .246 .042 assume the capital asset pricing model holds and stock a's beta is greater than stock b's beta by .84. what is the expected market risk premium?

a. 10.06 percent
b. 8.28 percent
c. 7.81 percent
d. 9.05 percent
e. 7.94 percent

Which of the following statements about brand names is true? brand names give the seller an incentive to provide consistently high-quality products and services in order to protect the reputation of the brand. brand names are always economically wasteful since they dupe consumers into buying more expensive goods and services that are no different from generic versions. it is always rational to prefer brand names over generic substitutes. read the following example and determine whether it illustrates a common critique or defense of advertising. musashi sees a commercial for a brand x clothing company that depicts the wearers of the clothes out having a good time with friends. although he doesn't particularly need new clothes, the commercial prompts him to buy a brand x t-shirt.

Personal financial planning is the process of creating and achieving financial goals? true or false

In a chapter 7 bankruptcy, a debtor: