Solve for x:2x−(12−3x)=13

Oof I got a test

2x−(12−3x)=13

or, 2x-12+3x=13 (opening the bracket by the. sign(-)

or, 5x=13+12

or, x=25/5

Hense,x=5

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%