I need help with this word problem.

$3.22 per square feet

Step-by-step explanation:

To solve, I usually set up an equation:

sq ft  = 12 1/2 = 1

 $        40.21     x

Then, use cross multiplication.

(12 1/2)x=40.21

Divide both sides by 12 1/2 or 12.5

x = 3.2168

Round to the hundredths place [because we're dealing with money]

$3.22

I hope this helps!

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%