Preston works at a grocery store and earns between $64 and $81 each day he works. which is a reasonable estimation of how much preston will earn if he works 5 days?

$320 to $405

step by step explanation:

in one day he earns between $64 and $81

therefore if he works for 5 days, he will earn between 64 x 5 to 81 x 5

= $320 to $405

5

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%