Nandini's phone battery dies as she is driving to her hometown. She knows that there are two 4 − way junctions before reaching her hometown. So, she drives on until she reaches a four way junction and arbitrarily chooses one of the ways in front of her, and at the next four way junction, she again randomly chooses one of the ways in front of her. What is the probability that Nandini will reach her hometown without having to head back? Enter the answer up to 2 decimals accuracy.

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%

10 - 75

step-by-step explanation:

there's nothing attached so it's most likely anything in that range.

cant see photo

step-by-step explanation:

step-by-step explanation: