Southern wear stock has an expected return of 15.1 percent. the stock is expected to lose 8 percent in a recession and earn 18 percent in a boom. the probabilities of a recession, a normal economy, and a boom are 2 percent, 87 percent, and 11 percent, respectively. what is the expected return on this stock if the economy is normal?
a) 14.79 percent
b) 17.04 percent
c) 15.26 percent
d) 16.43 percent
e) 11.08 percent

Using the exxon data as an example what would be the market capitalization of penny's pickles if each share is selling for $175.35?

Your parents have accumulated a $170,000 nest egg. they have been planning to use this money to pay college costs to be incurred by you and your sister, courtney. however, courtney has decided to forgo college and start a nail salon. your parents are giving courtney $20,000 to her get started, and they have decided to take year-end vacations costing $8,000 per year for the next four years. use 8 percent as the appropriate interest rate throughout this problem. use appendix a and appendix d for an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. how much money will your parents have at the end of four years to you with graduate school, which you will start then?

Gerda, a real estate agent, is selling a moderately priced house in a subdivision. she knows from her uncle that the factory being built half a mile from the subdivision will be manufacturing dog food, using a process that creates a very strong odor that permeates the surrounding neighborhood. a buyer, who is unaware of the type of factory under construction, makes an offer on one of the houses gerda is selling, and within a short time, the deal goes through. what does this scenario best illustrate?