Emmet went blueberry picking along a 3-mile walking path. He picked blueberries steadily along the walk. When he was finished, he had collected 50 ounces of blueberries. How many ounces of blueberries did Emmet pick each mile?
Write your answer as a proper fraction or mixed number.

answer: do we write it

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%