A chef draws cookies randomly from a box containing 6 cookies of the same shape and size. There is 1 chocolate cookie, 3 almond cookies, and 2 butter cookies. He draws 1 cookie and then draws another cookie without replacing the first one. Find the probability of picking 1 almond cookie followed by another almond cookie, and show the equation used. Source StylesFormat

answer: just subtact the units and then add the non negative : happy to

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%