Suppose Julie has already earned 36 points right and solve an addition equation to find the number of points he still needs to earn a pizza party

Step-by-step explanation:

Given

See attachment

Required

Determine the additional points (p) needed

The total point equals the sum of the already earned point and the points needed.

i.e.

Substitute values for Total and Points

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%