3. The CAPM suggests that securities having more systematic risk than the market should typically also earn a higher risk premium than the market, and vice versa. Considering your estimate of beta and your sample average risk premia, is it true for Xerox?

John novosel was employed by nationwide insurance company for fifteen years. novosel had been a model employee and, at the time of discharge, was a district claims manager and a candidate for the position of division claims manager. during novosel's fifteenth year of employment, nationwide circulated a memorandum requesting the participation of all employees in an effort to lobby the pennsylvania state legislature for the passage of a certain bill before the body. novosel, who had privately indicated his disagreement with nationwide's political views, refused to lend his support to the lobby, and his employment with nationwide was terminated. novosel brought two separate claims against nationwide, arguing, first, that his discharge for refusing to lobby the state legislature on behalf of nationwide constituted the tort of wrongful discharge in that it was arbitrary, malicious, and contrary to public policy. novosel also contended that nationwide breached an implied contract guaranteeing continued employment so long as his job performance was satisfactory. what decision as to each claim?

Abusiness cycle reflects in economic activity, particularly real gdp. the stages of a business cycle

Adds up the money earned by producers plus taxes paid to the goverment. a) income approach b) product approach c) expenditure approach