A catering company charges a flat fee of $125 and then $12 per person to cater a dinner. Each meal costs the company $8 to make. The company's expenses also include $180 for equipment, travel, and various other costs. How many people must attend the dinner for the company to make a profit?

it would be 6xy and -16xy.

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%