Oswald has £6.He buys some cans of drink each and has 5p left over. How many cans of drink did he buy?

1 pound = 100 pence

__pounds=5 pence

100/5 = 20

1/20 = 0.05 pounds = 5 pence

600(pence)(6 pounds)*0.05(pounds)(5 pence)

= 600*0.05

=30 cans

d

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%