1. Beta coefficient Given the following information, determine the beta coefficient for Stock L that is consistent with equilibrium: = 12.5%; rRF = 4.95%; rM = 8%. Round your answer to two decimal places.
2. A program office intends to reduce program cost by including in its budget request funding for an economic order quantity purchase of materials to support several future years’ production of end items. The program office is most likely making use of this type of funding policy exception: