What fraction of people vacationed in another state?

Step-by-step explanation:

Since we want a fraction, we find the total number of people who vaccinated, then we find how many people vacationed in another state.

18+10+5+15+12=60, and 18 people vacationed in another state, we get

, and we can divide top and bottom by 2, we simplify to

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%