A high speed train travels a distance of 487km in 3 hours. The distance is measured correct to the nearest kilometre.
The time is measured to the nearest minute.
By considering bounds, work out the average speed, in km/minute, of the train to a suitable degree of accuracy.

the answer is y < -3 or   y > 3

-3y > 7 + 2

-3 y > 9

y < -3

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%

fd

step-by-step explanation: