2) Abhasra and Imani are selling cookie dough for a school fundraiser. Customers can buy packages of white chocolate chip cookie dough and packages of gingerbread cookie dough.
Abhasra sold 8 packages of white chocolate chip cookie dough and 6 packages of gingerbread
cookie dough for a total of $150, Imani sold 8 packages of white chocolate chip cookie dough
and 3 packages of gingerbread cookie dough for a total of $111. What is the cost each of one
package of white chocolate chip cookie dough and one package of gingerbread cookie dough?

answer: 2530

hope this

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%