Kate bought a house for 198,000 and then sold it for 230,000 one year later. What is the profit as a percentage?

profit as a percentage= 21.74%

Step-by-step explanation:

Giving the following information:

Purchase price= $180,000

Selling price= $230,000

To calculate the profit as a percentage, we need to use the following formula:

profit as a percentage= (profit/selling price)*100

profit as a percentage= 50,000/230,000*100

profit as a percentage= 21.74%

5+2x=a

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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%