There's a balloon company 250 ft above sea level. a hot air balloon is launched and roses at a rate of 110 ft/min. at the same time a balloon 2200 ft above sea level descends at a rate of 150 ft/min. how long will it be until the balloons are at the same elevation?

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%

7/2

(decimal: 3.5)

welcome ; )

step-by-step explanation: