A recent report shows that 62% of people are interested in black holes. If this number is down from the previous year by 8%, what was the percent of people who were interested last year?
(Round to the tenth of a percentage.)

step-by-step explanation:

what are the statements? and what do you mean by "216 2 1 6"?

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%