Use the Table for the Question(s)below

question 57

Multiple Choice

Use the table for the question(s) below.
-Suppose a risky security pays an average cash flow of $100 in one year.The risk-free rate is 5%,and the expected return on the market index is 13%.If the returns on this security are high when the economy is strong and low when the economy is weak,but the returns vary by only half as much as the market index,then the price for this risky security is closest to:

• A)$88.
• B)$92.
• C)$93.
• D)$95.

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Definitions:

Renal Papillae

The apexes of the renal pyramids of the kidney, which release urine into the minor calyx.

Collecting Duct

A network of tubules and ducts in the kidneys that plays a role in the concentration and transportation of urine.

Nephron Loop

Also known as the loop of Henle, it's a U-shaped tube in the kidney nephron essential for concentrating urine and conserving water in the body.

Minor Calyx

A funnel-shaped structure in the kidney that collects urine from the nephrons and channels it into the major calyx.