Soro bought a $50.00 bus card at the beginning of the week. Each bus ride costs $2.50. He needs to have at least $20.00 on his card at the end of this month. To determine how many bus rides he can take between now and the end of this month, Soro wrote and solved the following inequality: 50 minus 2.5 x greater-than-or-equal-to 20. Negative 2.5 x greater-than-or-equal-to negative 30. x greater-than-or-equal-to 12.

What error, if any, did Soro make when writing or solving this inequality?

45

step-by-step explanation:

30+15

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%

need more detail

step-by-step explanation:

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