1. State three ways that a company can profit from engaging in international transactions?
2. Explain the Capital Asset Pricing Model. Please include your understanding on systematic/non-systematic risks, diversification, market security line, and beta.
3. Steady? Company's stock has a beta of 0.18. If the? risk-free rate is6.2% and the market risk premium is 6.9%?, what is an estimate of Steady? Company's cost of? equity? ?Steady's cost of equity capital is ???%. ?(Round to one decimal? place.)