When a softball player gets a hit, it can be a single, double, triple, or home run. When Josephine is at bat, the probability
that she hits a single is 15 percent and the probability that she hits a double is 5 percent.
What is the probability that Josephine hits a single or a double when she is at bat?
3 percent
10 percent
20 percent
75 percent

Josephine will hit a single or a double when she is at 20%.

20%

Step-by-step explanation:

Right on edge.

answer: 7270

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%