Find the 13th term of a sequence where the first term is -11 and the common difference is
11.

First, you write an explicit formula then plug in the value of n in the formula with the term number you are trying to find, in this case the 13th term.

The steps are in the pictures

the final answer is 121 btw

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%