Exhibit 84
Use the Information Below for the Following Problem(S)

question 53

Multiple Choice

Exhibit 8.4
Use the Information Below for the Following Problem(S)
$$\begin{array} { c c c c c } \text { Stack } & \text { Beta } & \text { Current Prica } & \text { Expertad Prica } & \text { Expertad Dividend } \\\hline \mathbf { X } & { [ .8 } & \$ 12.50 & \$ 13.10 & \$ 0.80 \\Y & 1.1 & \$ 2.25 & 9.76 & \$ 0.20 \\Z & 2.1 & \$ 25.70 & \$ 30.04 & \$ 0.00\end{array}$$
-Refer to Exhibit 8.4.If the expected return on the market is 11.5% and the risk-free rate of return is 4.5%,then what are the required rates of return for stocks X,Y,and Z based on the CAPM?
    X    Y      Z

• A) 4.8%  18.3% 16.9%
• B) 7.2%  20.7%  22.3%
• C) 10.7%  17.5%  14.4%
• D) 10.1%  12.2%  19.2%
• E) 11.1%  12.2%  21.3%

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Definitions:

Analyzing Customer Behavior

The process of examining and understanding how customers interact with products or services to improve business strategies and consumer experiences.

Business Intelligence

A broad category of applications, technologies, and processes for gathering, storing, accessing, and analyzing data to help business users make more informed decisions.

CRM Systems

Software applications designed to help organizations manage their customer data, support sales management, and facilitate customer interaction, enhancing customer satisfaction and retention.

External Vendor

A third-party entity that provides goods or services to another organization under terms specified in a contract.