George paid $8.70 for 3 tacos and 2 sodas. Rita paid $9.80 for 2 tacos and 4 sodas. a) Each soda costs the same, so how much does it cost for 1 soda?
b) How much does one taco cost?

Set up the system of equations and solve.

98%

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%