Darío buys applesauce cups for a family reunion. He needs 23 cups, and he buys them in packs of 6. How many packs does Dario need?

He needs 4 packs.

Step-by-step explanation:

6*4=24 So we would need 4 packs, which gives him 24 but at least we have 23 cups.

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 b.

step-by-step explanation: