Michael put the following items in his shopping basket
juice $3.98
sandwich $4.19
chips $0.79
what is the best estimate of the sum of the items to the nearest whole number?
o
a s7
b. $8
c. $9
0 of 16 answered

c. $9

Step-by-step explanation:

$3.98 + $4.19 + $0.79 = $8.96

Round to the nearest whole number which would be 9

fdvs

step-by-step explanation: vsfdvsfvd

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%