Jeans are on sale for 80% of the original price of $60. What is the sale price? A.$12 B.$24 C.$36 D.$48 Can someone help me, I am taking a test?

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%

graph them on a graphing calculator, press 2nd trace. select intersect. hit enter until it says answer. ti 84 works best

step-by-step explanation: