Sawyer was last year's PI Day champion. He is feeling
confident this year with his
chocolate silk ple. One recipe
calls for 16.8 grams of semi
sweet chocolate. Sawyer only
uses premium. Imported Belgian
chocolate, so each gram costs
him $472. How much did he pay
for the chocolate? Round to the
nearest hundredth If
necessary

boxplot

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%