As part of their employee benefits, all workers at light and power electric company receive a pension that is calculated by multiplying the number of years worked times 1.875% of average of their three highest years salaries. mia has worked for lpec for 30 years and is retiring. her highest salaries were $92,000, $94,800 and 96,250. calculate mia’s pension

answer: no, but if it does it's a obvious pattern.

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%