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558.60

Step-by-step explanation:

He earns for 40hours normal wage and 4hours overtime

Hence for 40hours , he would pay

40*13.30= 532

For 4hours overtime he earns 1/2 hour wage

So he earns 4 * 1/2 * 13.30= 26.60

Total sum is 26.60+532=558.60

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%