Recognition Optics pays Bob Adams a $3000 monthly salary plus a %4 commission on merchandise he sells each month. Assume Bob's sales were $57,000 for last month. Calculate the following amounts: 1. Amount of Commission, 2. Gross Pay

a 1-6 cube is rolled 60 times. the number 3 results 15 times. what is the experimental probability of rolling a 3?

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%