London is home to numerous museums, galleries, libraries, sporting events and other cultural institutions, including the British Museum, National Gallery, Tate Modern, British Library and 40 West End theatres. The London Underground is the oldest underground railway network in the world.
The expected return is used to figure the taxable portion of pension that is taxed under the general rule. For a lifetime pension, it is computed by multiplying the annual pension by the applicable expected life multiple from government actuarial tables.
Determine an investment's beta. Find the expected return using CAPM for that beta and use this interest rate as the appropriate discount rate. Summary of Risk and Return. Total risk-the variance (or the standard deviation) of an assetâs return. Total return-the expected return + the unexpected return. Systematic and unsystematic risks. Systematic risks are unanticipated events that affect almost all assets to some degree.