Twelve packs of paper cost $7.20. Of each pack costs the same, how much does one pack cost?

$0.6

Step-by-step explanation:

P means Packs

12P=$7.20

divide both sides by 12

P=$0.6

so 1 pack costs $0.6

pooopoopopoopop

step-by-step explanati∵∵∴∴on:

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%