3. Jacob watched a movie with his friends and then went out to eat afterwards. The movie lasted 2 1/8 hours. He spent another 1 1/4 hour eating and hanging out before heading home. How long did Jacob spend with his friends ?

3 and 3/4

Step-by-step explanation:

2 and 1/8 plus 1 1/4 is 3 3/4 since we can use the common denomonater 8

about 0.75 hours

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%