For lunch, Ruby orders the items shown below Ham and cheese sandwich $4.95 Apple $1.00
Iced Tea $2.50
If the sales tax on all food and drinks is 11.0%, to the nearest cent, what is the total cost of Ruby's lunch?

9.38

Step-by-step explanation:

I added them all up and then found what 11 percent of all of that was. Rounded it up and added it to the total.

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%