5. Following data indicates the number of vehicles arrived during past 100 days in a certain tolling station.
Vehicles
No. of days
0 - 10
3
10 - 20
14
20 - 30
53
30-40
20
40 - 50
10
Calculate average number of vehicles in a day,

what are you supposed to do here?

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%