Xian and his cousin Kai both collect stamps. Xian has 56 stamps, and Kai has 80 stamps. The boys recently joined different stamp-collecting clubs. Xian’s club will send him 12 new stamps per month. Kai’s club will send him 8 new stamps per months after how many months will Xian and Kai have the same number of stamps? How many stamps will each have?

111

step-by-step explanation:

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%

the answer is c 150

step-by-step explanation: