On a given day, 36 of the 445 students in a school were absent. what was the appproximate absentee rate that day?

The approximate absentee rate that day was of 8.1%.

Step-by-step explanation:

The absentee rate can be calculated by the following formula:

In which is the absentee rate, is the number of students that were absent and is the total number of numbers.

The problem states that:

On a given day, 36 of the 445 students in a school were absent

This means that:

and .

So:

The approximate absentee rate that day was of 8.1%.

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%