Clara goes miniature golfing. She pays $7.50 for an admission ticket and $6.25 for each round she golfs. The total amount Clara pays for admission and the total number of rounds she golfs is $26.25. Write and solve an equation that can be used to determine the number of rounds, x, That Clara golfs?

3

Step-by-step explanation:

7.50 + 6.25x=26.25

6.25x=26.25-7.50

6.25x=18.75

x=3

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:

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