According to the International Monetary Fund, the inflation rate in Venezuela in 2017 was about 23% per month. What was the annual inflation rate? (Do not round intermediate calculations. Round your final answer to the nearest whole percentage.)

y=mx+b

step-by-step explanation:

m is slope, b is y-intercept

answer: 819.89 miles across america

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%

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