What is 2/3+3/8?
a. 1 1/24
b. 1 5/24
c. 5/24

It is going to be choice A. 1 1/24

Step-by-step explanation: Look in the attachment for further-instructions for the step-by-step explanation. 25/24 for the final answer is the same as 1 1/24.

answer: 88

step-by-step explanation:

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%