Astudent drove to the university from her home and noted that the odometer reading of her car increased by 23 km. the trip took 41.4 min. what was her average speed in km/h

To solve this problem you must apply the proccedure shown below:

1. You need to apply the following formula:

2. You have that the distance is and the time is . Therefore, you only have to substitute values into the formula. So, you obtain:

The answer is:

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%