8. jeremy is looking at two different lawncare companies to weed and mulch his
flower beds. greenscape lawncare offers to charge $100 for the mulch plus
$12 per hr for the labor. d& j landscape offers to charge $23 per hr for the job
including the mulch. what is the minimum number of hours the job could be
for d & j landscape to have the better deal?

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%

its kinda hard to answer this when we dont have all the information that we need.