Carl went out to eat with his family for his birthday. The bill was $87.42, but Carl had a 10% off coupon. If Carl gave a 20% tip, what was the final price he paid for the meal?

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%

i recommend you do what your heart desires. if you're attracted to the same gender, then you're attracted to the same gender. you can't determine what your heart wants.