Four friends are having a barbeque to celebrate a birthday. At the grocery store, the friends pick up the items shown in the list below: HINT: (Remember "of" means to multiply)2.6 lbs. of grapes at $2.90/lb.6 ears of corn on the cob at $0.65 each4.48 lbs. of ground beef at $3.75/lb.2 packages of hamburger buns at $1.44 eachThe friends split the cost of the groceries evenly. How much does each friend owe for the food?

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%

16.80 times .20= 3.36

step-by-step explanation: