Question Example
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Xian and his cousin Kai both collect stamps. Xian has 60 stamps, and Kai has 80 stamps. The boys recently
joined different stamp-collecting clubs. Xian's club will send him 20 new stamps per month. Kai's club will
send him 16 new stamps per month. After how many months will Xian and Kai have the same number of
stamps? How many stamps will each have?
After
months Xian and his cousin will have
stamps each.

d is correct

step-by-step explanation:

898.1666667

step-by-step explanation:

5389/6 = 898.1666667

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%

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step-by-step explanation:

this is a parabola.