An elementary school survey found that 400 of the 500 students preferred soda to milk. Suppose 6 children from the school are attending a birthday party. What is the percent chance that at least one of the children attending the party prefers milk? (Round your answer to the nearest tenth of a percent.)

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%

hence, the required result is

step-by-step explanation:

suppose we have two matrices a and b

we will assume the two matrices

we have to compute b-a which means subtracting corresponding elements of a from b.

-

b

step-by-step explanation: