David had a coupon for the grocery store. He graphed on the x-axis what his total bill would be if he didn’t use the coupon and graphed on the y-axis what his total bill would be if he used the coupon. Grocery Bill
A graph has bill without coupon on the x-axis and bill with coupon on the y-axis. A line goes through points (2, 0) and (3, 1).

Based on the information in the graph, if David’s bill came to $66 after the coupon was applied, how much would his bill have been if he hadn’t used the coupon?
$64
$65
$67
$68

Yes, it's D, $68.

Step-by-step explanation:

22

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%