John wants to purchase a smartphone at 40% discount from the marked (bar code) price. He walks into a store with a 20% off coupon. By what additional percent additional discount the price of the phone must be reduced (through negotiation) so that John, a math wiz, obtains a net discount of 40% from the marked price?

50-60=10

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%

step-by-step explanation:

no solution.

14

step-by-step explanation:

14