Use the Following Information to Answer the Question(s)below

question 45

Multiple Choice

Use the following information to answer the question(s) below.
Suppose that the market portfolio is equally likely to increase by 24% or decrease by 8%.Security "X" goes up on average by 29% when the market goes up and goes down by 11% when the market goes down.Security "Y" goes down on average by 16% when the market goes up and goes up by 16% when the market goes down.Security "Z" goes up on average by 4% when the market goes up and goes up by 4% when the market goes down.
-The risk-free rate is closest to:

• A)0%.
• B)4%.
• C)8%.
• D)16%.

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Definitions:

Shamans

Spiritual healers and leaders within various indigenous cultures, known for their ability to mediate between the human and spiritual worlds.

Religious Practitioners

Individuals who are officially recognized within a religion to conduct worship and other religious ceremonies.

Healing The Sick

The act or process of restoring health to an ill individual.