A shop is offering a 15% reduction on the price of a computer .The original price of the computer was $670.what is its reduced price?

$569.50

Step-by-step explanation:

15% deduction from the initial price(100%) will have us remaining with 85%

100% = 670

85% = 85% x 670

                100%

= $569.50

theres no picture: /

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%