Eve takes a subway train to work that travels at an average elevation of -14 feet. Jacob takes a bus to work that travels at an average elevation 14 feet higher than eves train. What is the average elevation the bus travels at?

Step-by-step explanation:

GIVEN: Eve takes a subway train to work that travels at an average elevation of feet. Jacob takes a bus to work that travels at an average elevation feet higher than eves train.

TO FIND: Average elevation the bus travels at.

SOLUTION:

Average elevation of subway train

Now,

Jacob takes a bus to work that travels at an average elevation higher than that of subway train.

Average elevation of bus

putting the value

Average elevation of bus

Hence the average elevation at which the bus travels at is feet or ground level.

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%

what shape is