Suppose the market portfolio is equally likely to increase by 40 % or decrease by 2 %. also suppose that the risk-free interest rate is 6 %. a. use the beta of a firm that goes up on average by 60 % when the market goes up and goes down by 5 % when the market goes down to estimate the expected return of its stock. how does this compare with the stock's actual expected return? b. use the beta of a firm that goes up on average by 24 % when the market goes down and goes down by 17 % when the market goes up to estimate the expected return of its stock. how does this compare with the stock's actual expected return?

answer; possession utility;

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

the famous singer stefani joanne angelina germanotta is welly known as lady gaga

answer(b); ; ; the quantitative or qualitative variable for which the experimenter wishes to determine how its value is affected by the explanatory variable;