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A stock has a beta of 1.4. The expected return on the market is 8% and T-bills are yielding 2%. What is the expected return on the stock?
Cosmopolitanism
A philosophy that considers all humans as part of a single community based on a shared morality, regardless of national or cultural boundaries.
Globalism
The attitude or policy of placing the interests of the entire world above those of individual nations.
McDonaldization
A term used by sociologist George Ritzer to describe the process by which the principles of the fast-food restaurant are coming to dominate more and more sectors of American society as well as of the rest of the world.
Predictability
The ability to foretell future events or behaviors based on patterns or known information.
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