The manager of a home store is buying lawn chairs to sell at his store. Each pack of chairs contains 10 chairs. The manager will sell each chair at a markup of 20% of the wholesale cost, plus a $2.50 stocking fee. a. Write an equation that represents the retail price of a chair, r, in terms of the wholesale price, w. b. Use your equation to calculate the retail price of the chair if the wholesale price is $8.40.
c. Use your equation to calculate the wholesale price if the retail price is $13.30.

b

step-by-step explanation:

answer: i believe the answer is e

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%

hard

step-by-step explanation: