The members of the school orchestra agree to buy at least 250 tickets for an outside concert. they buy 20 fewer lawn tickets than balcony seats. what is the least number of balcony seats bought?

135 seats

Step-by-step explanation:

Let number of balcony seats = y

Let number of lawn seats = x

x+20=y                              --- (i)

x+y=250                            --- (ii)

Substituting for Y in (ii)

2x+20=250

x=115 seats (Lawn)

y= 135 seats (Balcony)

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%