Flyer Company sells a product in a competitive marketplace. Market analysis indicates that their product would probably sell at $48 per unit. Flyer management desires a 12.5% profit margin on sales. Their current full cost per unit for the product is $44 per unit. What is the desired profit per unit?

By definition, the market portfolio has a ________ and the risk free rate has a ________

A) beta equal to 1.0; beta equal to 0.0. B) beta equal 0.0; beta equal to 1.0. C) standard deviation equal to 1.0; beta equal to 0.0. D) standard deviation equal to 0.0; beta equal to 1.0.

Why do you need to have liquidity?

What will be an ideal response?