Use the formula to evaluate the infinite series. round to the nearest hundredth if necessary.

this is an infinite series

its summation = initial value / (1-common ratio)

initial value when n=1 is (-1/3)^(1-1) = 1

common ratio is -1/3

summation = 1/(1-(-1/3))

= 1/(1+1/3)

=3/4

=0.75

answer: are you

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%