Find the measure of angle x in the figure below:

Two triangles are shown such that one triangle is inverted and they share a common vertex. The lower triangle has two angles at the base. The lower left angle is marked as 60 degrees. The lower right angle is marked as 50 degrees. The angle at the vertex of the inverted triangle at the top is marked as x degrees. The angle at the vertex of the bottom triangle is marked as y degrees.

60°
50°
110°
70°

70 degrees

Step-by-step explanation:

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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%