What is solution to this equation 4x=124

4x= 124

divide both sides by 4 to get x by itself

4x/4= 124/4

Cross out 4 and 4, divide by 4 and then becomes 1*1*x= x

124/4

12/4= 3

4/4= 1

x= 31

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%