Huit Industries' common stock has an expected return of 11.4% and a beta of 1.2. If the expected risk-free return is 3%, what is the expected return for the market (round your answer to the nearest .1%)?

A friendly merger of two corporations is not considered an acquisition

Indicate whether the statement is true or false

The United States has the largest economy in the world and approximately __________ of the world's population

a. 1 percent b. 5 percent c. 10 percent d. 20 percent