As a reward for achieving their goals, all students in the ninth grade are invited to an ice cream party.

1) write an expression that could represent an estimated cost for the party. use at least one letter. state what each part of the expression represents.

2) choose a letter in your expression. describe the values that would be reasonable for the quantity that the letter represents.

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step-by-step explanation:

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step-by-step explanation:

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%