What is 11/8-3/4 step by step

5/8

Step-by-step explanation:

1 + 3/8 - 3/4 =

1 + (1 × 3)/(1 × 8) - (2 × 3)/(2 × 4) =

1 + 3/8 - 6/8 =

1 + (3 - 6)/8 =

1 - 3/8

- 3/8 already reduced to the lowest terms.

The numerator and the denominator have no common prime factors.

Their prime factorization:

3 is a prime number;

8 = 23

1 - 3/8 =

(1 × 8)/8 - 3/8 =

(1 × 8 - 3)/8 =

5/8

Hope this helpes

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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%