Curtis played through the next level of a video game. at the beginning of the level, he had 71,486 points. the first time through the level, he lost a life and 3,960 points. as soon as he started the second time, curtis opened a treasure chest that doubled his score. by the end of the level, he increased his score by an additional 2,531 points. complete the expression for the number of points curtis had at the end of this level of the video game.

3

Step-by-step explanation:

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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%