Every fraction can be written as a decimal or a decimal .

Each fraction can be a TERMINATING or REPEATING decimal.

Examples:

1/2 is a terminating decimal, 0.5 (zeroes at the end you can drop)

1/3 is a repeating decimal, 0.333333333333 (the 3s go on and on)

required rate of return = 0.166 = 16.6%

step-by-step explanation:

under the capital asset pricing model (capm), the required or expected rate of return for a particular security or asset is given using the formula:

required rate of return = risk-free rate + beta*(market risk premium)

we are given that;

risk-free rate = 4% = 0.04

beta = 1.4

market risk premium = 9% = 0.09

we simply plug these values into the above formula;

required rate of return = 0.04 + 1.4*(0.09)

required rate of return = 0.04 + 0.126

required rate of return = 0.166 = 16.6%

step-by-step explanation:

left be aligning the decimal points is required to not required see the number of digits to the right