Nine-hundred seven tickets were sold for a concert. Seven hundred eighty-nine people attended the concert Part A: Write an equation for p, the number of people that bought tickets but did not attend.

Part B: How many people bought tickets but did not attend?

A: 907-789=p

B: 118 bought tickets but didn't go.

Step-by-step explanation:

907 is the people that bought the tickets, you subtract the people that did go which is 789 which would give you the people that didn't go but still bought tickets.

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%