An Economic Research Commission claimed that among the 500 stores there are 308 dealing with European companies, 266 dealing with Asian companies 103 dealing with both sides regularly and
59 not dealing with either side.
i) What is the probability that the stores deal with European or Asian companies?
ii) What is the probability that the stores do not deal with European companies?
iii) What is the probability that the stores only deal with Asian companies?
iv) What is the probability that stores do not deal with only one type of company

required rate of return = 0.166 = 16.6%

step-by-step explanation:

under the capital asset pricing model (capm), the required or expected rate of return for a particular security or asset is given using the formula:

required rate of return = risk-free rate + beta*(market risk premium)

we are given that;

risk-free rate = 4% = 0.04

beta = 1.4

market risk premium = 9% = 0.09

we simply plug these values into the above formula;

required rate of return = 0.04 + 1.4*(0.09)

required rate of return = 0.04 + 0.126

required rate of return = 0.166 = 16.6%

savings account is an account only used for saving money. this acts as an emergency source of funding for an individual. answer a would result in the money in his account to grow as it specifically states that interest is compounded daily at the rate of 2%

step-by-step explanation: